Anglo American Platinum updates guidance in line with the Anglo American plc Investor Update ANGLO AMERICAN PLATINUM LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1946/022452/06) Share Code: AMS ISIN: ZAE000013181 (“The Company" or "Anglo American Platinum") Anglo American Platinum updates guidance in line with the Anglo American plc Investor Update Anglo American Platinum refers shareholders to the Anglo American plc briefing for investors and analysts which includes updated production guidance for the financial years to 2022: Platinum production (M&C): 2019F: In line with guidance of 2.0 – 2.1 Moz 2020F: 2.0 - 2.2 Moz (unchanged) 2021F: 2.0 - 2.2 Moz (unchanged) 2022F: 2.0 - 2.2 Moz (new guidance) Palladium production (M&C): 2019F: In line with guidance of 1.3 – 1.4 Moz 2020F: c. 1.4 Moz (previously 1.3 – 1.4 Moz) 2021F: c. 1.4 Moz (previously 1.3 – 1.4 Moz) 2022F: 1.4 -1.5 Moz (new guidance) Anglo American Platinum’s unit cost guidance for 2019 of between R21,000 to R22,000 per platinum ounce produced (M&C) will likely exceed the upper end of guidance to between R22,000 and R22,300 per platinum ounce produced (M&C), which could be further impacted by current power outages as Eskom implements load shedding. The presentation will start at 12:00 UK time / 14:00 SA time today (10 December 2019) and is available on the Anglo American plc website at https://www.angloamerican.com/investors/investor- presentations/2019. This announcement contains forward-looking statements which are based on the Company’s current beliefs and expectations about future events. The operational and financial forecasts provided in this announcement are estimates and have not been reviewed and reported on by the Company’s external auditors. Johannesburg, South Africa 10 December 2019 Sponsor Merrill Lynch South Africa Proprietary Limited For further information, please contact: Investors: Media: Emma Chapman Jana Marais (SA) +27 (0) 11 373 6239 (SA) +27 (0)79 932 1586 emma.chapman@angloamerican.com jana.marais@angloamerican.com Notes to editors: Anglo American Platinum Limited is a member of the Anglo American plc Group and is a 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 leading global mining company 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 that enable a cleaner, more electrified world and that meet the fast 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 – safely, responsibly and sustainably. As a responsible miner – of diamonds (through De Beers), copper, platinum group metals, iron ore, coal, nickel and manganese – we are the custodians of what are precious natural resources. We work together with our business partners and diverse stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining to improve people’s lives. www.angloamerican.com Date: 10-12-2019 01:00:00 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.