Anglo Platinum Limited - Anglo Platinum concludes two-year wage agreement
Issuer Long Name : Anglo Platinum Limited
Registration No. : 1946/022452/06
Instrument Alpha Code/Ticker Symbol : AMS; AMSP
ISIN : ZAE000013181; ZAE000054474
Anglo Platinum concludes two-year wage agreement
Anglo Platinum is pleased to announce that it has reached agreement with
representative unions and associations on wages and substantive conditions of
employment for a two-year period ending 30 June 2007.
Terms of the two-year wage agreement include across the board increases of 6,5%
from 1 July 2005, a further 0,5% from 1 January 2006 and 7% from 1 July 2006.
In addition, monthly living-out allowances will increase to R900 from 1 July
2005 and R1039 from 1 July 2006. No other material changes to employee benefits
have been made.
For more information, please contact
Trevor Raymond
+27 (0) 11 373 6462
+27 (0) 82 654 8457
4 October 2005
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 04/10/2005 12:00:13 PM Produced by the JSE SENS Department
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