AMS AMSP
ANANP
AMS/AMSP - Anglo Platinum Limited - Revised conversion price applicable to
convertible preference shares
Anglo Platinum Limited
Incorporated in the Republic of South Africa
Registration number: 1946/022452/06
JSE ordinary share code: AMS
ISIN: ZAE000013181
JSE preference share code: AMSP
ISIN: ZAE000054474
("Anglo Platinum")
Revised Conversion Price applicable to Convertible Preference Shares
As the dividend cover in respect of the 2007 dividends is less than 1.4 times,
it is necessary, in accordance with the rights and privileges of the convertible
perpetual cumulative preference shares ("convertible preference shares"), to
adjust the conversion price to be used when convertible preference shares are
converted into ordinary shares. Currently the conversion price is R284.24 or
35.18154 ordinary shares for every 100 convertible preference shares converted.
Based on the volume weighted average traded price of Anglo Platinum ordinary
shares on the JSE Limited for the five business days ended Friday, 7 March 2008
of R1299.15368, the conversion price is adjusted to R281.05 or 35.58086 ordinary
shares for every 100 convertible preference shares converted.
Convertible preference shareholders were informed in an announcement dated
Monday, 11 February 2008 that no conversions of convertible preference shares
may take place between Monday, 10 March 2008 to Friday, 14 March 2008, both
dates inclusive. The revised ratio will therefore become effective in respect
of conversions processed on or after Monday, 17 March 2008.
Johannesburg
10 March 2008
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 10/03/2008 14:59:44 Produced by the JSE SENS Department.
The SENS service is an information dissemination service administered by the
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or
implicitly, represent, warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE, their officers,
employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature,
howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
