Announces Transaction

Anglo American PLC
06 May 2003


News Release


6 May 2003


                    Announcing the transaction to the market


Anglo American plc, announces that is has mandated Barclays Capital, BNP
Paribas, Dresdner Kleinwort Wasserstein and UBS Limited as joint lead managers
and bookrunners for its inaugural Euro-denominated benchmark bond offering. The
issuer will be Anglo American Capital plc, guaranteed by Anglo American plc. The
issue will be launched under a recently established EMTN Programme, subject to
market conditions and following a pan-European roadshow.



The funds will be used to repay existing bank borrowings.



Stabilisation FSA/IPMA.


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