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Wed 16 Jul 2003, 8:45 Anglo American disposes of stake in Avgold
Anglo American disposes of stake in Avgold                                      
ANGLO AMERICAN PLC                                                              
JSE Code: AGL                                                                   
ISIN Code: GB0004901517                                                         
Anglo American disposes of stake in Avgold                                      
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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