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Kumba update on residual 21.4% mining right for Sishen mine and cautionary announcement

03 November, 2015

Kumba Iron Ore Limited (“Kumba”) has received notice from the Department of Mineral Resources (“DMR”) that the Director General of the DMR has consented to the amendment of Sishen Iron Ore Company (Pty) Ltd (“SIOC’s”) mining right in respect of the Sishen mine to include the residual 21.4% undivided share of the mining right for the Sishen mine.

Kumba has noted that the consent to amend SIOC’s mining right is stated to be subject to a number of conditions, which are described by the DMR as “proposals”. Kumba and SIOC are currently considering the terms of the consent and the legal and practical implications of the proposed conditions on Kumba and SIOC. Once Kumba and SIOC have had an opportunity to engage fully with the DMR in this regard and to consider the precise meaning and scope of the proposed conditions, shareholders will be updated as appropriate.

Shareholders are advised to exercise caution when trading in the Company’s shares and securities.

For further information, please contact:

Media
Nikki Wetzlar Tel: 012 – 683 7019 Mobile: +27 (0)82 561 7407

Notes to editors:
The Constitutional Court ruled on 12 December 2013 that the residual 21.4% undivided share of the mining right in respect of SIOC’s Sishen mine remained available for allocation by the DMR and that, based on the provisions of the Mineral and Petroleum Resources Development Act (“MPRDA”), only SIOC could apply to be granted the residual right. SIOC subsequently applied to the DMR in relation to the residual right.

Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen mine and its Kolomela mine in the Northern Cape Province, and at Thabazimbi mine in the Limpopo Province. Kumba exports iron ore to customers in a range of geographical locations around the globe including China, Japan, Korea and a number of countries in Europe and the Middle East.

www.angloamericankumba.com

Anglo American is a global and diversified mining business that provides the raw materials essential for economic development and modern life. Our people are at the heart of our business. It is our people who use the latest technologies to find new resources, plan and build our mines and who mine, process and move and market our products – from bulk commodities and base metals to precious metals and diamonds (through De Beers) – to our customers around the world. Our diversified portfolio of products spans the economic development cycle and, as a responsible miner, we are the custodians of precious resources. We work together with our key partners and stakeholders to unlock the long-term value that those resources represent for our shareholders, but also for the communities and countries in which we operate – creating sustainable value and making a real difference. Our mining operations, growth projects and exploration and marketing activities extend across southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com

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