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Anglo American Platinum responds to media reports

29 May, 2014

Anglo American Platinum Limited (“Anglo American Platinum or the Company”) notes that AMCU negotiator, Mr Brian Ashley has informed the Cape Town Press Club that the platinum mining companies ‘might be guilty of tax and wage evasion’.

Anglo American Platinum refutes these allegations in the strongest possible terms and views the inflammatory and unsubstantiated allegations in a very serious light. We do not tolerate fraud and corruption and comply with all legislative and regulatory requirements governing our businesses. All taxation activities are subject to careful assessment by the company’s external auditors as well as the country’s tax authorities.

A meeting of the Inter-Governmental Technical Task Team, the producers and AMCU, set up by the Minister of Mineral Resources, is currently underway. The company has heeded the Minister’s call for all parties to show leadership during this process. The company asks that AMCU does the same and refrains from making unsubstantiated and inflammatory comments at this sensitive time.

We reserve the right to take appropriate legal measures if these malicious and unsubstantiated accusations by AMCU and their advisors continue.

For further information, please contact:

Media Investors
Mpumi Sithole
Tel: +27 (0)11 373 6246
[email protected]
Emma Chapman
Tel (UK): +44 (0)20 7968 8451
Tel (SA): +27 (0)11 373 6239
[email protected]

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 and is actively exploring in Brazil. 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 meaningful and sustainable difference in the development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is one of the world’s largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses meets our customers’ changing needs and spans bulk commodities – iron ore and manganese, metallurgical coal and thermal coal; base metals and minerals – copper, nickel, niobium and phosphates; and precious metals and minerals – in which we are a global leader in both platinum and diamonds. At Anglo American, we are committed to working together with our stakeholders – our investors, our partners and our employees – to create sustainable value that makes a real difference, while upholding the highest standards of safety and responsibility across all our businesses and geographies. The company’s mining operations, pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com