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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers first sales cycle of 2018

Release Date: 30/01/2018 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ first sales cycle of 2018

Anglo American plc
Incorporated in the United Kingdom
(Registration number: 3564138)
Short name: Anglo
JSE Share code: AGL
NSX Share code: ANM
ISIN number: GB00B1XZS820

NEWS RELEASE

Anglo American rough diamond sales value for De Beers’ first sales cycle of 2018

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auction Sales) for De Beers’ first sales cycle of 2018, amounting to $665 million.

Bruce Cleaver, CEO of De Beers, said: “Following positive early signs for diamond jewellery sales
over the holiday season in the US, the need for the industry to restock led to increasing demand
for our rough diamonds in the first sales cycle of 2018. This seasonal restocking demand does
usually see a larger share of annual purchases being planned into the first sales cycle of the year
by our customers, resulting in an encouraging sales performance.

“In the equivalent sales cycle last year, sales levels benefitted from purchases that had been
deferred from late in 2016 as a result of the initial impact at that time of India’s demonetisation
programme.”

                                            Cycle 1 2018(1)                       Cycle 10 2017(2)                         Cycle 1 2017
                                             (provisional)                            (actual)                               (actual)
Sales value(3)                                  $665m                                  $455m                                  $729m
 (1)   Cycle 1 2018 provisional sales value represents sales as at 29 January 2018.
 (2)   Cycle 10 2017 actual sales value is restated following the earlier publication of a provisional figure for the tenth sales cycle of 2017.
 (3)   Sales values are quoted on a consolidated accounting basis and are before capitalisation of pre-commercial production revenues at Gahcho Kué.
       Auction Sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.

For further information, please contact:
Media                                                                                    Investors
UK                                                                                       UK
James Wyatt-Tilby                                                                        Paul Galloway
james.wyatt-tilby@angloamerican.com                                                      paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759                                                                 Tel: +44 (0)20 7968 8718

Marcelo Esquivel                                                                         Trevor Dyer
marcelo.esquivel@angloamerican.com                                                       trevor.dyer@angloamerican.com
Tel: +44 (0)20 7968 8891                                                                 Tel: +44 (0)20 7968 8992

South Africa                                                                             Sheena Jethwa
Pranill Ramchander                                                                       sheena.jethwa@angloamerican.com
pranill.ramchander@angloamerican.com                                                     Tel: +44 (0)20 7968 8680
Tel: +27 (0)11 638 2592

Ann Farndell
ann.farndell@angloamerican.com
Tel: +27 (0)11 638 2786

Notes to editors:
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 to our customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious
metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources.
We work together with our key partners and stakeholders to unlock the long-term value that those
resources represent for our shareholders and for the communities and countries in which we
operate – creating sustainable value and making a real difference.
www.angloamerican.com


30 January 2018

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

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