Earlier this year Anglo American ("AA plc"), announced its intention of increasing its shareholding in Anglo American Platinum Corporation Limited ("Amplats") above the 50% level. This was achieved on 13 December 1999.
AA plc, through Anglo American Corporation of South Africa Limited has been the largest and the controlling shareholder in Amplats since the latter’s creation in 1995.
It is anticipated that the increased shareholding will not affect Amplats or any of its operations or employees and simply reflects an increase in shareholding.Issued by Group Public Affairs