Anglo Coal Project Update

Anglo American PLC
23 July 2003


News Release

23 July 2003


  Anglo American and Sasol to proceed with the development of Kriel South coal
                                    reserves

In June 2000, Anglo American plc and Sasol Limited initiated a study to consider
the development of the Kriel South coal reserves in Mpumalanga province, South
Africa.  An agreement has now been reached and Anglo Coal will establish a new
opencast operation on the northern portion of the coalfield and Sasol has been
granted access to the southern portion of the Kriel South coalfield, through the
expansion of its existing underground operations at Syferfontein Colliery.

Anglo Coal will invest R769 million (US$96 million) and Sasol R320 million
(US$40 million) in the project.  Anglo will produce, for Sasol's consumption, 5
million tons per annum, while a similar production rate will be added to the
rate at which Sasol's Syferfontein mine will produce.  Together they are
expected to yield an estimated 200 million tons of thermal coal for supply to
Sasol Synfuels at Secunda, South Africa, over twenty years.

Production will commence in July 2005.

Anglo American - London
Media Relations
Kate Aindow
Tel:             [phone]

Anglo American - Johannesburg
Investor Relations
Anne Dunn
Tel:             [phone]

Media Relations
Marion Dixon
Tel:             [phone]

Sasol

Johann van Rheede
Media Manager
Tel:             [phone]
Mobile:          [phone]
E-mail           [e-mail]
Website:         www.sasol.com


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)


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