Kumba Update

Anglo American PLC 18 April 2002 News Release 18 April 2002 ANGLO AMERICAN PLC ANNOUNCEMENT Following the announcement on 12 March 2002, regarding acquisitions of strategic interests in Kumba Resources Limited (Kumba) and AngloVaal Mining Limited, Anglo American plc confirms that it has exercised its right to acquire Stimela BVI (Stimela), the holder of 10.5% of Kumba, subject to regulatory approval. Acquiring ownership of Stimela is not subject to any pre-emptive rights. Stimela intends to retain its 10.5% stake in Kumba and to maintain the co-operation agreement that exists between Stimela and the Industrial Development Corporation. For further information: Investor Relations Nick von Schirnding +27 11 638 3176 Johannesburg: Investor/Media Relations Anne Dunn +27 11 638 4730 +27 82 448 2684 Background Notes for 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) Kumba (www.kumbaresources.co.za) Map: Refer to the website http://www.kumbaresources.co.za and then to 'Locations'. Kumba Resources Limited ("Kumba") is listed on the JSE with a market capitalisation of ZAR 14.2 billion (US$ 1.2 billion). Kumba manages a portfolio of valuable world-class and potentially world-class assets, which ensures that the company enjoys a leading international position in the global minerals and metals arena. It has interests in Iron Ore, Heavy Minerals, Base Metals, Coal and Industrial Minerals and spans three continents rich in natural resources: Africa, Australia and Asia. This information is provided by RNS The company news service from the London Stock Exchange
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