Result of Tender Offer

Anglo American PLC
6 June 2002


FOR IMMEDIATE RELEASE                     6th June 2002


   Provisional results of the joint offer by Saica International B.V., Mondi
           International S.A. and LR Investments B.V. for La Rochette

                            97.1% of shares tendered


The Conseil des Marches Financiers (CMF) announced yesterday that, following the
closing of the offer by Saica International B.V., Mondi International S.A. and
LR Investments B.V., a Dutch company equally controlled by Saica and Mondi,
97.1% of La Rochette's share capital and voting rights, on an undiluted basis,
have been tendered (95.1% on a fully diluted basis). Furthermore, 99.5% of La
Rochette's 1988/2003 convertible bonds have also been tendered.


Commenting on the provisional results of the offer, Saica and Mondi said, "We
are delighted that La Rochette's shareholders have responded positively to our
offer. This transaction will allow Saica and Mondi to expand their respective
geographical coverage, whilst each La Rochette site will be integrated within an
international group, securing the most favourable prospects for growth."


Saica is advised by SG Investment Banking. Mondi is advised by Rothschild & Cie.


Enquiries:


Brunswick (representing Mondi)

Andrew Dewar          [phone]

Patricia Perrier      [phone]


Note for Editors:


SAICA (Sociedad Anonima Industrias Celulosa Aragonesa) is a family-owned group
whose capital has been held by the founders and their families since its
creation in 1943. Saica, whose estimated turnover in 2001 is €€ 921 million, is
the Spanish leader in the corrugated packaging sector and fourth in Europe for
corrugated packaging paper.


Mondi encompasses the Forest Product activities of Anglo American. Mondi
generated a consolidated turnover of US$ 4.2 billion in 2001 and an operating
profit of US$ 522 million. Mondi is an international, integrated forest products
and packaging group.




Mondi has operations and interests in Europe and South Africa. Mondi's main
activities are corrugated packaging, industrial sacks and graphic paper. Mondi
has around 115 plants throughout Europe and is operating under the brands of:


  • Mondi Packaging for corrugated packaging

  • Frantschach for industrial sacks, barrier coated paper and flexible
    packaging

  • Neusiedler for uncoated woodfree paper

Mondi also holds a 50% stake in Aylesford Newsprint.



The offer

On 15th March 2002, Saica and Mondi, through their equally controlled subsidiary
LR Investments B.V., launched a joint bid for La Rochette of 12.24 euros per
share and 13.47 euros per 4.5% 1988/2003 convertible bond, valuing La Rochette
at 317 million euros.


The Board of La Rochette unanimously recommended this offer, considering that it
secured long-term employment, protected the company's activities and provided it
with attractive growth prospects.


The success of this offer allows Saica to extend its geographical coverage in
France, where it operates throughout the country, except for the region north of
Paris. At the same time, it enables Mondi to reinforce its position in the UK
and Belgium and to expand its presence in the north, south and west of France.


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