ANGLO AMERICAN PLATINUM LIMITED - Anglo American Platinum Trading Statement for the Six Months Ending 30 June 2018

Release Date: 29/06/2018 09:00
Code(s): AMS
 
Wrap Text
Anglo American Platinum Trading Statement for the Six Months Ending 30 June 2018

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 six months ending 30 June 2018

Anglo American Platinum will release results for the six months ending 30 June 2018 (“the period”) on
the Johannesburg Stock Exchange News Service (“SENS”) on 23 July 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 improved
operational delivery across the Company and a marginally higher achieved rand basket price, headline
earnings and headline earnings per share (“HEPS”) for the period will be at least 20% (R150 million or
57 cents per share) higher than that reported for the six months ended 30 June 2017 (“the comparative
period”). Headline earnings and HEPS for the comparative period were R747 million and 285 cents
respectively.

Basic earnings and basic earnings per share (“EPS”) will also be at least 20% (R238 million or 91 cents
per share) higher than the comparative period due to impairments in the comparative period. Basic
earnings and EPS for the comparative period were a loss of R1,187 million and a loss of 453 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

29 June 2018

Sponsor
Merrill Lynch South Africa Proprietary 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 global diversified mining business and our products are the essential ingredients
in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and
undeveloped resources provides the metals and minerals to meet the growing consumer-driven
demands of the world’s developed and maturing economies. With our people at the heart of our
business, we use innovative practices and the latest technologies to discover new resources and mine,
process, 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 sustainable value that those resources
represent for our shareholders, the communities and countries in which we operate and for society at
large. Anglo American is re-imagining mining to improve people’s lives.

www.angloamerican.com

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