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Anglovaal Mining Limited - Contributes R2 Million To South African Political
Parties
ANGLOVAAL MINING LIMITED
(Registration number 1933/004580/06)
(Incorporated in the Republic of South Africa)
(Share codes: JSE: AIN
LSE: AGM)
(ISIN:ZAE000017141)
("Avmin")
AVMIN CONTRIBUTES R2 MILLION TO SOUTH AFRICAN POLITICAL PARTIES
Avmin is contributing R2 million to political parties in support of democracy in
South Africa.
Rick Menell, chairman, commented: "Since 1994 we have supported the democratic
process through voter education and logistical assistance. As South Africa"s
democracy matures and celebrates its 10th anniversary and third national
election, the Avmin board has resolved that we can best promote a vibrant
culture of democracy by making, for the first time, direct contributions to
political parties.
"We will provide our support to major parties that have demonstrated an
effective voice in parliament, and focus on national parliamentary elections
when vital issues facing the nation are debated publicly in the most effective
manner.
"Since Avmin represents, through its employees, shareholders and suppliers a
broad cross-section of South Africans, we will best reflect the views of all our
stakeholders by donating R2 million to potential parties that achieved more than
one percent of the vote in the last general election, in proportion to their
electoral support."
The list of political parties and their respective contributions received are
contained in the list below:
% of total % of total vote in Amounts to be
Political vote proportion to each donated
Party achieved other, exceeding (Rands)
during the 1%
previous
election
ANC 66.4 69.0 1 380 000
DP 9.6 9.9 200 000
IFP 8.6 8.9 180 000
NNP 6.9 7.1 140 000
UDM 3.4 3.6 70 000
ACDP 1.4 1.5 30 000
TOTAL VOTE 96.3 100 2 000 000
Source: The Independent Electoral Commission
To view Avmin"s policy on contributions to South African political parties visit
our website at www.avmin.co.za.
Ebrahim Takolia
General Manager Investor Relations
11 March, 2004
Date: 11/03/2004 05:54:10 PM Produced by the JSE SENS Department
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