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Trading statement for the six months ended 30 June 2016

21 June, 2016

Anglo American Platinum Limited (“the Company”) will release results for the six months ended 30 June 2016 ("the period") on the Johannesburg Stock Exchange News Service (“SENS”) on 25 July 2016.

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

Anglo American Platinum advises shareholders, with reasonable certainty, that headline earnings and headline earnings per share (“HEPS”) for the six months ended 30 June 2016 will be at least 20% (R494 million or 189 cents per share) lower than the comparative reporting period for the six months ended 30 June 2015 (“the comparative period”). Headline earnings and HEPS for the comparative period were R2.5 billion and 946 cents respectively. Basic earnings and basic earnings per share (“EPS”) will also be at least 20% (R489 million or 187 cents per share) lower than the comparative period. Basic earnings and EPS for the comparative period were R2.4 billion million and 936 cents respectively.

The decrease in headline earnings and basic earnings is primarily due the stock take adjustment in the previous period which resulted in an after tax gain of R1.6 billion or 599 cents per share, and a decrease in dollar metal prices which were partially offset by a weaker rand. The Company cannot yet quantify a specific range, and will release a further announcement once there is more certainty.

The forecast financial information on which this trading statement is based has not been reviewed, and reported on, by the Company’s external auditors.

Johannesburg
21 June 2016

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

For further information, please contact:

Investors: Media:
Emma Chapman
tel: +27 (0) 11 373 6239
[email protected]
Mpumi Sithole
tel: +27 (0) 11 373 6246
[email protected]

About Anglo American Platinum

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 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