Anglo American disposes of stake in Avgold
15 July, 2003
Anglo American plc ("Anglo American") announces that it has, subject to certain conditions, exchanged its 11.5% stake in Avgold Limited ("Avgold") for rights to shares in Harmony Gold Mining Company Limited ("Harmony") to be issued pursuant to a renounceable letter arrangement mechanism. The aforesaid rights will immediately be onsold by Anglo American for an aggregate amount of around US$80 million.
This announcement is not an offer to sell or a solicitation of an offer to purchase any securities.
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