Anglo Platinum has completed a review of its capital expenditure programme in response to unprecedented rapid declines in platinum group metal (PGM) prices caused by, amongst other things, a considerable slowing of vehicle sales in North America, Europe and Japan having a negative effect on forecast consumption of PGMs for autocatalysis. The Company has completed its annual planning process that included the evaluation of a number of initiatives to reduce costs and improve operational productivity and a critical examination of short-term supply and demand trends.