KUMBA RESOURCES LIMITED - KUMBA LODGES APPEAL AGAINST HOPE DOWNS ARBITRATION
DECISION
KUMBA RESOURCES LIMITED
Incorporated in the Republic of South Africa
(Registration Number: 2000/011076/06)
Share Code: KMB
ISIN Number: ZAE000034310
KUMBA LODGES APPEAL AGAINST HOPE DOWNS ARBITRATION DECISION
Kumba announced on 21 December 2004 that it had been unsuccessful in the Hope
Downs arbitration. The arbitration related to a dispute between Kumba`s wholly
owned subsidiary Downs Holding BV (Downs) and Hope Downs Iron Ore Pty Limited
(HDIO), as to whether HDIO had acted unreasonably in withholding its approval of
Anglo American plc as the new controlling company of Downs. Kumba has decided
to appeal against the arbitration decision to the Supreme Court of Western
Australia. In order to comply with the deadline for lodging an appeal and to
preserve its rights, Kumba today lodged the papers required for the appeal with
the Supreme Court.
The market will continue to be advised on further developments.
Pretoria
11 January 2005
Sponsor
JPMorgan
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