Anglo Platinum Annual Results

Anglo American PLC
12 February 2007



News Release

12 February 2007

                        Anglo American plc notification:
                       Anglo Platinum annual results 2006


Anglo American wishes to draw attention to Anglo Platinum's announcement of
their annual results for the year ended 31 December 2006.

Anglo American will report underlying earnings in respect of Platinum of
US$1,265 million for the year ended 31 December 2006, which takes into account
certain adjustments.


Anglo Platinum Limited
                                                                         $m

IFRS headline earnings (US dollar equivalent of published)            1,771
Exchange rate difference                                                (40)
Exploration                                                              30
Adjustment to profit on disposal(1)                                      16
Other adjustments                                                        (6)
                                                                      1,771
Minority interest                                                      (454)
Depreciation on assets fair valued on acquisition (net of tax)          (52)
Contribution to Anglo American plc underlying earnings                1,265


(1) The BEE cost included in the current year transaction in respect of the
disposal of 15% of Union section by Anglo Platinum is calculated in accordance
with IFRS2 "Share-based payment".  This is excluded from Anglo American's  
'Underlying earnings' as it is considered to be part of the profit or loss on
disposal, however this amount is included in Anglo Platinum's 'Headline
earnings' as defined by the Johannesburg Securities Exchange (JSE).

Anglo American will report annual results for the year ended 31 December 2006 on
21 February 2007.

The above figures are unaudited.


Underlying Earnings

Underlying Earnings is net profit attributable to equity shareholders, adjusted
for the effect of special items and remeasurements, and any related tax and
minority interests. Special items include those items of financial performance
which the Group believes should be excluded from underlying financial
performance, and principally relate to impairment and significant closure costs,
exceptional legal provisions and profit or loss on disposals. Remeasurements
include adjustments to ensure that the unrealised gains or losses on non-hedge
derivative instruments are recorded in underlying earnings in the same period as
the underlying transaction against which these instruments provide an economic,
but not formally designated, hedge.


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