Offer Update

Anglo American PLC
14 November 2003

  Not for release, publication or distribution in or into the United States or
                                     Canada



                                                  Anglo American plc

                                         (Incorporated in the United Kingdom)

                                            (Registration number: 3564138)

                                                   (Share code: AGL)

                                               (ISIN Code: GB0004901517)

                                                  ("Anglo American")



        SALIENT DATES OF THE MANDATORY CASH OFFER TO KUMBA SHAREHOLDERS





1.                  INTRODUCTION



On Friday, 31 October 2003 shareholders of Kumba Resources Limited ("Kumba")
were advised that Anglo American, through its wholly owned subsidiary Anglo
South Africa Capital (Proprietary) Limited ("ASAC"), had increased its
beneficial shareholding in Kumba to over 35% and that ASAC would be extending a
mandatory cash offer to Kumba shareholders, other than Anglo American and its
concert parties.



In terms of the offer, ASAC will irrevocably and unconditionally offer to
acquire all of the shares held by Kumba shareholders, other than Anglo American
and its concert parties, for a cash consideration of 3 700 cents per share.





2.                  SALIENT DATES AND TIMES



Set out below are the salient dates and times of the offer:


                                                                                                     2003
Offer opens at 09:00                                                                  Friday, 14 November
Last day to trade to be eligible to participate in the offer                          Friday, 28 November
Kumba shares trade "ex" the offer                                                      Monday, 1 December
Record date to participate in the offer at the close of business                       Friday, 5 December
Offer closes at 12:00 noon                                                             Friday, 5 December
Results of offer announcement published on Securities Exchange News Service            Monday, 8 December
("SENS")
Results of offer announcement published in the press                                  Tuesday, 9 December

In the case of a dematerialised Kumba shareholder, payment will be made by crediting your account at your
Central Securities Depository Participant ("CSDP") or broker, as the case may be, as soon as possible
after, but at least within five business days of the day of receipt of a valid acceptance by the transfer
secretaries.

In the case of a certificated Kumba shareholder, payment will be made by cheque or deposited directly
into your bank account, whichever you instruct, at the risk of the Kumba shareholder concerned, as soon
as possible after, but at least within five business days of the day on which a valid form of acceptance
and surrender and relevant documents of title are received by the transfer secretaries.



Notes:

1.                   Kumba shareholders should note that as trade in Kumba
shares is settled through the STRATE system, settlement of trades takes place
five business days after the date of the trade.  Accordingly, any person who
acquires Kumba shares after the last day to trade, being Friday, 28 November
2003, will not be recorded as a Kumba shareholder by the record date, being
Friday, 5 December 2003, and such person will, therefore, not be eligible to
participate in the offer.

2.                   ASAC reserves, in its sole and absolute discretion, the
right to extend the offer period and, therefore, the closing date, in which
event all amended dates and times relating to the offer will be published on
SENS and in the Business Day and Beeld, being English and Afrikaans language
newspapers circulating in South Africa.

3.                   Shares cannot be dematerialised or rematerialised between
Monday, 1 December 2003 and Friday,

5 December 2003, both days inclusive.

4.                   If you have dematerialised your Kumba shares and wish to
accept the offer, you must notify and instruct your CSDP or broker, as the case
may be, of your acceptance of the offer in the manner stipulated in the
agreement governing your relationship with your CSDP or broker, by the time and
date stipulated by your CSDP or broker and instruct them to deliver
electronically your Kumba shares against payment of the offer consideration.

5.                   All dates and times indicated are references to South
African dates and times.





3.                  DOCUMENTATION



A circular setting out full details of the offer to Kumba shareholders has
received all regulatory approvals and will be posted to Kumba shareholders
today.











                      This information is provided by RNS
            The company news service from the London Stock Exchange