Moody's upgrades Anglo American plc ratings to Baa3 from Ba1 - AA05/AA07/AA06 Anglo American SA Finance Limited Rating Action AA05, AA06 and AA07 Dated: 5 September 2017 Rating Agency: Moody’s Investors Service, Inc. (‘Moody’s’) Moody’s upgrades Anglo American plc (‘AA plc’) ratings to Baa3 from Ba1. In accordance with paragraph 4.26 of the JSE Debt Listings Requirements, noteholders are advised that Moody’s has upgraded the senior unsecured ratings of AA plc and its subsidiaries to Baa3 from Ba1 and withdrawn the Ba1-PD probability of default rating. Moody’s also upgraded the short term rating to P-3 from NP. Concurrently, Moody’s upgraded the Company’s national scale rating (‘NSR’) to Aa1.za from Aa2.za. The outlook on all the ratings has been changed to stable from positive. AA plc is the Guarantor under Anglo American SA Finance Ltd’s ZAR20bn DMTN Programme. For further information contact: Debt Sponsor – The Standard Bank of South Africa Limited Zoya Sisulu Tel (011)721 6032 Email: zoya.sisulu@standardbank.co.za Anglo American SA Finance Limited Pranill Ramchander Tel (011)638 2592 Email: pranill.ramchander@angloamerican.com Debt Sponsor: The Standard Bank of South Africa Limited, acting through its Corporate and Investment Banking division. Date: 05/09/2017 04:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.