ANGLO AMERICAN PLATINUM LIMITED
Incorporated in the Republic of South Africa)
Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(Anglo American Platinum or the Company)
TRADING STATEMENT
Anglo American Platinum is currently preparing its results for the six months ending 30 June 2012 ("the period"), which will be released on SENS on or about 23 July 2012.
Anglo American Platinum's earnings for the period is expected to decrease by more than 20% from that reported in the six month period ended 30 June 2011 ("the comparative period"). However, in view of volatility in exchange rates and metal prices, Anglo American Platinum cannot, with reasonable certainty, quantify the extent of the decrease in expected earnings other than that the decrease is expected to be more than 20%.
The expected decrease in earnings is primarily as a result of lower sales volumes and lower metal prices achieved compared to the comparative period.
Shareholders are advised that a further trading statement will be issued in due course to provide earnings forecast ranges for earnings per share and headline earnings per share as required by the JSE Listing requirements.
The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company's external auditors.