Press releases - 2018

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Trading Statement for the six months ending 30 June 2018

25 June, 2018

Kumba’s financial results for the six months ending 30 June 2018 ("the period") will be released on the Johannesburg Stock Exchange News Service (“SENS”) on 24 July 2018.

The period under review has seen further gains in operational and cost efficiencies building on the momentum established in 2017. The positive impact of these gains on our expected earnings for the period are, however, likely to be more than offset by the impact of a stronger Rand/US Dollar exchange rate and lower export iron ore prices relative to the comparative six months ended 30 June 2017 ("the comparative period"), as well as derailments on the Iron Ore Export Channel.

As a result of the above and in accordance with paragraph 3.4(b) of the JSE Limited Listings Requirements, shareholders are advised that both headline earnings and basic earnings for the period are likely to be at least R921 million and R917 million lower (at least 20% lower), respectively, than reported headline earnings and basic earnings for the comparative period. Headline earnings per share (“HEPS”) and earnings per share (“EPS”) are also likely to be at least R2.88 and R2.87 per share lower (at least 20% lower), respectively, than reported HEPS and EPS for the comparative period.

Reported headline earnings and basic earnings for the comparative period (SENS release on 25 July 2017) were R4,603 million and R4,586 million respectively, while reported HEPS and EPS for the comparative period were R14.42 and R14.37 respectively.

The forecast financial information on which this trading statement is based has not been reviewed and reported on by the Company’s external auditors. A further trading statement will be released as soon as the Company has reasonable certainty on the expected HEPS and EPS ranges for the period.

Centurion
25 June 2018

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

Company Secretary

Ms Celeste Appollis
Email: [email protected]
Tel: +27 683 7063
Mobile: +27 82 941 7535

Investors	Media
Penny Himlok Email: [email protected] Tel: +27 (12) 622 8324 Mobile: +27 82 781 1888	Sinah Phochana Email: [email protected] Tel: +27 12 683 7019 Mobile: +27 76 066 0655

Notes to editors:

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 and Kolomela mines in the Northern Cape 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

Notes to editors:

Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

As a responsible miner - of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel - we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.

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