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Mon 11 Dec 2006, 8:43 Anglo Platinum announces a material conversion of
AMS   AMSP
 ANANP                                                                           
Anglo Platinum announces a material conversion of its preference shares         
Anglo Platinum Limited                                                          
Incorporated in the Republic of South Africa                                    
Registration No.: 1946/022452/06                                                
JSE Ordinary Share Code: AMS                                                    
ISIN: ZAE000013181                                                              
JSE Preference Share Code: AMSP                                                 
ISIN: ZAE000054474                                                              
("Anglo Platinum")                                                              
Anglo Platinum announces a material conversion of its preference shares         
Anglo Platinum announces that it has received notice from Anglo South Africa    
Capital (Pty) Limited, a holder of 29 908 480 Anglo Platinum Convertible        
Perpetual Cumulative Preference Shares ("the Preference Shares") electing to    
convert such Preference Shares to Anglo Platinum ordinary shares in terms of the
rights and privileges of the Preference Shares. The conversion process has      
commenced and will result in 10 369 407 Anglo Platinum ordinary shares being    
listed on the JSE on 22 December 2006.                                          
Since the issue of the Preference Shares on 31 May 2004, 5 319 shares have been 
converted to ordinary shares and 39 994 681 Preference Shares are currently in  
issue. Anglo Platinum has also received notices from several other holders and  
is currently converting 41 369 of their Preference Shares to Anglo Platinum     
ordinary shares.                                                                
For further information please contact:                                         
Trevor Raymond                                                                  
+27 11 373 6462                                                                 
+27 82 654 8467                                                                 
11 December 2006                                                                
Date: 11/12/2006 08:43:09 Produced by the JSE SENS Department.
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