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Trading statement for the twelve months ending 31 December 2016

10 November, 2016

In terms of 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 next will differ by at least 20% from those of the previous corresponding reporting period.

Anglo American Platinum advises shareholders that, mainly due to the benefit of foreign exchange movements as well as cost saving initiatives across the Company, headline earnings and headline earnings per share (“HEPS”) for the twelve months ending 31 December 2016 will be at least 20% (R21 million or 8 cents per share) higher than reported headline earnings and HEPS for the twelve months ended 31 December 2015 (“the comparative period”). Headline earnings and HEPS for the comparative period were R107 million and 41 cents respectively.

Basic earnings and basic earnings per share (“EPS”) will also be at least 20% (R2.425 billion or 928 cents per share) higher than reported basic earnings and EPS for the comparative period. Basic earnings and EPS for the comparative period were a loss of R12.125 billion and a loss of 4,638 cents respectively due to the asset impairments and write-offs in the comparative period.

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 which will be released on 15 February 2017 on the Stock Exchange News Service.

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
10 November 2016

For further information, please contact:

Investors: Media:
Emma Chapman
(SA) +27 (0) 11 373 6239
[email protected]
Mpumi Sithole
(SA) +27 (0) 11 373 6246
[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. 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 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 – from diamonds (through De Beers) to platinum and other precious metals and copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate – creating sustainable value and making a real difference.

www.angloamerican.com