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Anglo American plc ("Anglo American") responds to publication of scorecard

19 February, 2003

Anglo American welcomes the publication of the scorecard, which has been the subject of a lengthy period of consultation between the industry and the South African Department of Mineral and Energy Affairs over the last seven months.

Anglo American, through its subsidiaries and associates, believes that a workable solution has been achieved and further believes that its operations are broadly compliant with the objectives set out in the scorecard. In particular, Anglo American has made significant progress towards attaining the 15% equity ownership level through a number of major black economic empowerment initiatives. The attainment of the 26% target in ten years will require further empowerment transactions for value during that period.

Tony Trahar, Chief Executive of Anglo American said, "The publishing of the scorecard is a very significant step towards removing the uncertainty that has existed regarding empowerment targets in the South African mining sector. We will aim to meet the targets set out in the Mining Charter within the specified timeframe. To date Anglo American and its subsidiaries have made significant progress in achieving over $1.8 billion of black empowerment transactions and over $800 million of procurement from black owned businesses. We are fully supportive of the aims to broaden employment equity and HDSA influence and ownership within the mining industry".

Notes to 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)

Disclaimer:
The information contained in press releases, annual or interim reports, analyst presentations, and financial information should not be deemed accurate or current except as of the date of issue. Anglo American plc does not, does not intend to, and specifically disclaims any duty to, update or correct such information.

For further information:

Anglo American - London
Investor Relations
Nick von Schirnding
Tel: +44 207 698 8540

Media Relations
Kate Aindow
Tel: +44 207 698 8619

Anglo American - Johannesburg
Investor Relations
Anne Dunn
Tel: +27 11 638 4730

Media Relations
Marion Dixon
Tel: +27 11 638 3001

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