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Thu 30 Sep 2004, 15:17 Offer by Anglo for Johnston Group
Anglo American plc - Offer by Anglo American plc (`Anglo American`) for Johnston
                     Group Plc (`Johnston`)                                     
Anglo American plc                                                              
(Incorporated in the United Kingdom)                                            
Registration number: 3564138                                                    
Share code: AGL                                                                 
ISIN:       GB0004901517                                                        
(the `Company`)                                                                 
Offer by Anglo American plc (`Anglo American`) for Johnston Group Plc           
(`Johnston`)                                                                    
Anglo American has now considered its position with respect to the OFT`s        
decision to refer the Offer by Anglo American for Johnston to the Competition   
Commission.                                                                     
Anglo American is disappointed that the OFT did not accept the divestment       
undertakings proposed by Anglo American which Anglo American believes fully     
address any competition concerns based on the position adopted by the OFT in    
previous cases.                                                                 
Notwithstanding this, Anglo American has determined that the Offer will lapse.  
Anglo American will keep under review the Offer by Ennstone for Johnston and its
impact on the reference announced yesterday.                                    
30 September 2004                                                               
Sponsor                                                                         
Cazenove                                                                        
Date: 30/09/2004 02:25:11 PM                   
Produced by the JSE SENS Department                                             
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