Cancellation of Shares

Anglo American PLC
8 June 2001


News Release
8 June 2001


                     ANGLO AMERICAN PLC ('ANGLO AMERICAN')
                      DB INVESTMENTS OFFER FOR DE BEERS -

                              SHARE CANCELLATION


As outlined in the circular to shareholders dated 10 April 2001, following
implementation of DB Investments' offer for De Beers (the 'Transaction') on
Friday, 8 June 2001, Anglo American intends to cancel 163,212,568 ordinary
shares of US$0.50 each, representing approximately 10 per cent. of its current
issued ordinary share capital.

These shares represent Anglo American's entitlement to the Anglo American
shares to be distributed by De Beers Consolidated Mines Limited pursuant to
the Transaction. Following the share cancellation, Anglo American will have
1,467,432,408 ordinary shares in issue.

The cancellation would become effective on Monday 11 June 2001, prior to the
commencement of trading.


END