AMS AMSP
ANANP
AMS / AMSP - Anglo Platinum Limited - Revised Conversion Price applicable to
Convertible Preference Shares
Anglo Platinum Limited
("Anglo Platinum" or "the company")
Incorporated in the Republic of South Africa
Registration number: 1946/022452/06
JSE ordinary share code: AMS
ISIN code: ZAE000013181
JSE preference share code: AMSP
ISIN code: ZAE000054474
Revised Conversion Price applicable to Convertible Preference Shares
As the dividend cover in respect of the 2006 dividends is less than 1.4 times,
it is necessary, in accordance with the rights and privileges of the convertible
perpetual cumulative preference shares ("convertible preference shares"), to
adjust the conversion price to be used when convertible preference shares are
converted into ordinary shares. Currently the conversion price is R288.43 or
34.67046 ordinary shares for each 100 convertible preference shares converted.
Based on the volume weighted average traded price of Anglo Platinum ordinary
shares on the JSE Limited for the five business days ended Friday, 9 March 2007
of R1006.58552, the conversion price is adjusted to R284.24 or 35.18154 ordinary
shares for every 100 convertible preference shares converted.
Convertible preference shareholders were informed in the announcement dated
Friday, 2 March 2007 that no conversions of convertible preference shares may
take place between Monday, 12 February and Friday, 16 March 2007, both dates
inclusive. The revised ratio will therefore become effective in respect of
conversions processed on or after Monday, 19 March 2007.
Johannesburg
12 March 2007
Sponsor
Merrill Lynch South Africa (Pty) Limited
Date: 12/03/2007 15:03:13 Produced by the JSE SENS Department.
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