Acquisition

Anglo American PLC
31 May 2002


News Release

31 May 2002



                   Acquisition of interest in Moura complete

On 11 April 2002, Anglo American plc announced plans for joint venture
arrangements between its wholly owned subsidiary, Anglo Coal Australia Pty Ltd
("Anglo Coal Australia") and Mitsui Coal Holdings Pty Limited, a subsidiary of
Mitsui and Co. Ltd of Japan ("Mitsui"). As part of those arrangements, Anglo
Coal Australia today acquired from Mitsui a 51% interest in the Moura Joint
Venture in Central Queensland, and 100% of related service companies.



End







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