ANGLO AMERICAN PLC
Press Release
JSE Code: AGL
ISIN Code: GB0004901517
(The "Company")
Anglo American receives credit ratings from Moody`s and Standard & Poor`s
Anglo American plc ("Anglo American") is pleased to announce that it has
received credit ratings of A3 (long term) and Prime-2 (short term) from Moody`s
Investor Service and A- (long term) and A-2 (short term) from Standard & Poor`s.
Referring to the new ratings, Tony Trahar, Chief Executive, commented, "These
ratings reflect the global leading positions of our businesses, the successfully
managed and diversified portfolio of assets, consistent earnings profile and
strong balance sheet. The successful attainment of these ratings further
strengthens Anglo American`s position as a global natural resources company."
Anglo American was solely advised throughout the rating process by UBS Warburg.
End
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)
16 October 2002
Date: 17/10/2002 10:16:18 AM Produced by the JSE SENS Department
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