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ANGLO AMERICAN PLATINUM LIMITED - Anglo American Platinum trading statement for the twelve months ending 31 December 2017

Release Date: 15/12/2017 08:00
Code(s): AMS     PDF:  
Wrap Text
Anglo American Platinum trading statement for the twelve months ending 31 December 2017

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("Anglo American Platinum" or "the Company")

Anglo American Platinum trading statement for the twelve months ending 31 December 2017

Anglo American Platinum will release results for the twelve months ending 31 December 2017 ("the
period") on the Johannesburg Stock Exchange News Service ("SENS") on 19 February 2018.

With reference to the Listings Requirements of the JSE Limited, companies are required to publish a
trading statement as soon as they become reasonably certain that the financial results for the period to
be reported on will differ by at least 20% from those of the previous corresponding reporting period.

Anglo American Platinum advises shareholders, with reasonable certainty, that due to cost reductions
and improved operational delivery across the Company, headline earnings and headline earnings per
share ("HEPS") for the period will be at least 20% (R373 million or 143 cents per share) higher than
that reported for the twelve months ended 31 December 2016 ("the comparative period"). Headline
earnings and HEPS for the comparative period were R1,867 million and 713 cents respectively.

Basic earnings and basic earnings per share ("EPS") will also be at least 20% (R126 million or 48 cents
per share) higher than the comparative period. Basic earnings and EPS for the comparative period were
R632 million and 241 cents respectively.

There is currently insufficient certainty to enable the Company to provide specific guidance on its
expected results and it is anticipated that Anglo American Platinum will publish a further trading
statement closer to the release of its annual financial results.

The forecast financial information on which this trading statement is based has not been reviewed, or
reported on, by the Company’s external auditors.

Johannesburg, South Africa

15 December 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited).

For further information, please contact:
Investors:                                       Media:
Emma Chapman                                     Mpumi Sithole
(SA) +27 (0) 11 373 6239                         (SA) +27 (0) 11 373 6246
emma.chapman@angloamerican.com                   mpumi.sithole@angloamerican.com
Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is the world’s
leading primary producer of platinum group metals. The company is listed on the Johannesburg
Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa.
Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum
has a number of joint ventures with several historically disadvantaged South African consortia as part
of its commitment to the transformation of the mining industry. Anglo American Platinum is committed
to the highest standards of safety and continues to make a meaningful and sustainable difference in
the development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is a globally diversified mining business. Our portfolio of world-class competitive mining
operations and undeveloped resources provides the raw materials to meet the growing consumer-
driven demands of the world’s developed and maturing economies. Our people are at the heart of our
business. It is our people who use the latest technologies to find new resources, plan and build our
mines and who mine, process and move and market our products – from diamonds (through De Beers)
to platinum and other precious metals and copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together with our
key partners and stakeholders to unlock the long-term value that those resources represent for our
shareholders, but also for the communities and countries in which we operate – creating sustainable
value and making a real difference.

www.angloamerican.com

Date: 15/12/2017 08:00:00 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.

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