Anglo American notes Xstrata

RNS Number : 8205A

Anglo American PLC

15 October 2009

 



News Release

15 October 2009

Anglo American notes announcement by Xstrata

The Board of Anglo American plc ("Anglo American" or "the Group") notes the statement made by Xstrata plc ("Xstrata") that it has withdrawn its proposal for a combination of the two companies.  

Anglo American Chairman, Sir John Parker, said: "The Board continues to have full confidence in the value inherent within the Group's unique asset base and the additional value that we can drive from it. I look forward to working with the management team to deliver this value for our shareholders."

For further information, please contact:

Anglo American

Nick Von Schirnding, Head of Investor and Corporate Affairs

Tel: [phone]

James Wyatt-Tilby, Media Relations

Tel: [phone]

About Anglo American

Anglo American plc is one of the world's largest mining groups. With its subsidiaries, joint ventures and associates, it is a global leader in platinum group metals and diamonds, with significant interests in coal, base and ferrous metals, as well as an industrial minerals business. The Group is geographically diverse, with operations in Africa, Europe, South and North America, Australia and Asia.

(www.angloamerican.co.uk)

 

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