Disposal of Interest

Anglo American PLC
19 July 2000

          Anglo American plc disposes of its shareholding in SA Eagle
                                       
Anglo American plc has announced the disposal of another non-mining asset with
the  sale  of  its  25%  interest in SA Eagle Insurance  Company  (SAE)  to  a
subsidiary   of  Zurich  Financial  Services  (Zurich),  the  58%  controlling
shareholder  of  SAE.   Anglo  American's stake  has  been  sold  for  a  cash
consideration of R376million ($56million).

Mike King, vice chairman Anglo American plc, says, 'Anglo American has been  a
significant  shareholder in SA Eagle for many years and we  are  sorry  to  be
ending  our  much  valued  relationship with the insurance  company.   We  are
however  delighted  that  a  company of Zurich's standing  is  increasing  its
investment  in  South  Africa  and looking to  further  opportunities  in  the
region.'

'This transaction is in line with Anglo American's policy of disposing of non-
mining  and non-natural resource businesses and further serves the purpose  of
increasing foreign investment in South Africa,' King added.


Queries:

Anglo American
London
Kate Aindow
Tel:  [phone]
Fax: [phone]


Anglo American
Johannesburg
Anne Dunn
Tel:  [phone]
Cell: [phone]

Marion Dixon
Tel:  [phone]
Cell:  [phone]