Acquisition

Anglo American PLC 24 January 2003 News Release 24 January 2003 Anglo Coal acquires a 70% interest in Girrah coal deposit Anglo Coal (German Creek) Pty Ltd, a wholly owned subsidiary of Anglo American plc, has agreed to purchase a 70% interest in the Girrah coal deposit in Central Queensland from Wesfarmers Curragh Pty Limited, a wholly owned subsidiary of Wesfarmers Limited for a cash consideration of A$57.8 million (approx. US$33 million at current exchange rates). The transaction is subject to regulatory approvals and is expected to be finalised in the first quarter of 2003. The Girrah deposit is located near Anglo Coal Australia's 70% owned and managed German Creek mine which should allow infrastructure, operational and marketing synergies to be realised in the development of Girrah, that will be the subject of exploration and feasibility studies. For further information: Anglo American - London Investor Relations Media Relations Nick von Schirnding Kate Aindow Tel: +44 207 698 8540 Tel: +44 207 698 8619 Anglo American - Johannesburg Investor Relations Media Relations Anne Dunn Marion Dixon Tel: +27 11 638 4730 Tel: +27 11 638 3001 Notes to Editors: Anglo American plc is one of the world's largest mining and natural resource groups. With its subsidiaries, joint ventures and associates, it is a global leader in gold, platinum group metals and diamonds, with significant interests in coal, base and ferrous metals, industrial minerals and forest products. The group is geographically diverse, with operations in Africa, Europe, South and North America and Australia. (www.angloamerican.co.uk) This information is provided by RNS The company news service from the London Stock Exchange
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