AMS AMSP
ANANP
Anglo Platinum Limited - Rhodium Contract Sales
Anglo Platinum Limited
Incorporated in the Republic of South Africa
Registration No.: 1946/022452/06
JSE Codes: AMS; AMSP
ISIN: ZAE000013181; ZAE000054474
("Anglo Platinum")
RHODIUM CONTRACT SALES
Anglo Platinum announces that in terms of existing long-term confidential
contractual arrangements with several customers a portion of sales of rhodium
metal is being made at prices significantly below the current spot price.
The arrangements are such that if the current price of rhodium of US$4 500/oz
remains in place to 31 December 2006, Anglo Platinum"s average price achieved
for the year will be US$3 523/oz. If the price of rhodium is US$3 500/oz for
the same period Anglo Platinum"s average price achieved will be US$3 136/oz.
As a result of massive historic movements in the price of rhodium and the likely
damage caused thereby to sustainable rhodium demand, these contractual
arrangements were put in place to provide users with increased certainty in
developing and planning their technology applications.
For further information, please contact
Trevor Raymond
+2711 373-6462
+2782 654 8467
12 April 2006
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 12/04/2006 02:30:13 PM Produced by the JSE SENS Department
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