News Release
18 April 2002
Following the announcement on 12 March 2002, regarding acquisitions of
strategic interests in Kumba Resources Limited (Kumba) and AngloVaal Mining
Limited, Anglo American plc confirms that it has exercised its right to
acquire Stimela BVI (Stimela), the holder of 10.5% of Kumba, subject to
regulatory approval.
Acquiring ownership of Stimela is not subject to any pre-emptive rights.
Stimela intends to retain its 10.5% stake in Kumba and to maintain the co-
operation agreement that exists between Stimela and the Industrial
Development Corporation.
For further information:
London:
Investor Relations Media Relations
Nick von Schirnding +27 11 638-3176 Kate Aindow +44 20 7698 8619
Johannesburg:
Investor/Media Relations
Anne Dunn +27 11 638 4730
+27 82 448 2684
Background Notes for 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)
Kumba (www.kumbaresources.co.za)
Kumba Resources Limited ("Kumba") is listed on the JSE with a market
capitalisation of ZAR 14.2 billion (US$ 1.2 billion).
Kumba manages a portfolio of valuable world-class and potentially world-
class assets, which ensures that the company enjoys a leading international
position in the global minerals and metals arena. It has interests in Iron
Ore, Heavy Minerals, Base Metals, Coal and Industrial Minerals and spans
three continents rich in natural resources: Africa, Australia and Asia.
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
