Anglo American Platinum Corporation Limited (Amplats) and Mvelaphanda Platinum (Pty) Limited (Mvela) have reached agreement whereby Mvela will acquire from Amplats a direct interest in Northam Platinum Limited (Northam) approximately equivalent to 17.5% of the issued share capital of Northam. Of this 17.5% interest, Amplats previously acquired 13.3% from Anglo American plc. Anglo American Plc had acquired this interest in Northam consequent upon the unbundling of Gold Fields of South Africa Limited (GFSA). Anglo American plc sold their interest to Amplats to facilitate this important transaction. Together with the acquisition from Rembrandt Group Limited (Remgro) of a 5% shareholding in Northam, Mvela will hold approximately 22.5% which is roughly equal to Amplats remaining holding.