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ANGLO AMERICAN PLC - Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs

Release Date: 17/07/2018 09:00
Code(s): AGL     PDF:  
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Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs

Anglo American plc (the “Company”)
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

NEWS RELEASE

Anglo American Platinum commits to venture capital funds focused on increasing demand for PGMs

Anglo American plc’s 78% owned subsidiary, Anglo American Platinum Limited (“Anglo American
Platinum”), announced today that its subsidiary, Anglo Platinum Marketing Limited (“APML”), has
subscribed for interests in two UK based venture capital funds (the “Funds"), with a total
aggregate commitment of $100 million. Anglo American Platinum’s commitment to the Funds is
matched by a $100 million commitment from South Africa’s Government Employees Pension
Fund represented by the Public Investment Corporation SOC Ltd (the “PIC”).

The Funds will be managed through an independent fund management business, AP Ventures
LLP, led by two experienced former APML executives. The Funds have been established to
invest globally in companies which support the development of innovative and competitive
technological uses of platinum group metals (“PGMs”).

The first Fund will hold certain of APML’s existing investments which have been made under
APML’s PGM investment programme. The second Fund will be established to make new
investments.

Anglo American Platinum issued an announcement this morning to the Johannesburg Stock
Exchange which is available on the Anglo American Platinum website via
http://www.angloamericanplatinum.com/media/press-releases/2018.aspx.

This transaction is a smaller related party transaction under UK Listing Authority (“UKLA”) Listing
Rule 11, as the PIC is a substantial shareholder in Anglo American plc. The transaction is
therefore subject to the requirements of UKLA Listing Rule 11.1.10R.

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                                                Robert Greenberg
 marcelo.esquivel@angloamerican.com                              robert.greenberg@angloamerican.com
 Tel: +44 (0)20 7968 8891                                        Tel: +44 (0)20 7968 2124

 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

The Company has a primary listing on the Main Market of the London Stock Exchange and
secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the
Namibia Stock Exchange and the SIX Swiss Exchange.

17 July 2018

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

Notes to editors:
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

Legal Entity Identifier: 549300S9XF92D1X8ME43

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