DB Investments' Interim Rslts

Anglo American PLC
23 August 2001



News Release

                 Anglo American plc ('AA plc') notification:

                     DB Investments ('DBI') announcement

AA plc wishes to draw attention to a DBI announcement attached hereto.




Accounting note:

DBI reported today proforma headline earnings for the six months to 30 June
2001 of US$744 million. These headline earnings include De Beers' diamond
earnings for the six months to 30 June 2001 and De Beers' share of AA plc's
headline profit for the six months to 31 December 2000.



The implications for AA plc's results for the six months to 30 June 2001 to be
announced on 7 September 2001 are as follows:




  * Headline diamonds profit:

AA plc's headline diamonds profit can be arrived at after eliminating De
Beers' share of AA plc's earnings for the six months to 31 December 2000,
being US$342 million, from the US$744 million reported. Net of other minor
adjustments, this will result in reported headline diamonds profit of some
US$140 million.




  * Headline De Beers investments profit:

AA plc has, historically, restated De Beers' results to bring them onto a
basis coterminous with AA plc's reporting dates. AA plc will therefore include
as headline profit in its results to 30 June 2001, its interest in De Beers'
share of AA plc headline profit for the five months to 31 May 2001 - the
effective date of the elimination of the cross-holding between the two
companies. These last five months of investments profit will be included in
the results for the six months to 30 June 2001.



End





DBI announcement:

No disclosure or comment before 07.00BST

Thursday 23 August 2001

                                DB Investments

                          PRO-FORMA INTERIM RESULTS

                    FOR THE SIX MONTHS ENDED 30 JUNE 2001

  (DB Investments SA acquired 100% ownership of De Beers Consolidated Mines
                                   Limited

                  and De Beers Centenary AG on 8 June 2001)



Sales of rough gem diamonds by the DTC, the marketing arm of De Beers, for the
first half of 2001 totalled $2 619 million, 25.5% lower than the equivalent
period in 2000. The slow down in the global economy was reflected in lower
demand for polished diamonds, particularly in the USA, and therefore for rough
diamonds and this was exacerbated by destocking of excess inventory of
polished diamonds held by the US retail sector at the end of last year.
Consequently, the first six months have been difficult for the diamond
industry with prices under pressure, liquidity tight and profitability eroded.

The rough diamond market remains depressed. Any improvement will depend on the
pace and extent of a recovery in economic growth, the relative strength of the
US dollar against other diamond consumer market currencies and, more
immediately, on the level of consumer demand for diamond jewellery over the
important Christmas season.

Following a constructive dialogue with the European Commission, the joint
venture between

De Beers and LVMH has received clearance to proceed with the jewellery
retailing venture to develop the global consumer brand potential of the De
Beers name.

The European Commission has issued a Statement of Objections following De
Beers' voluntary notification of its Supplier of Choice initiative. De Beers
will be responding to the issues raised and has already postponed the formal
launch of Supplier of Choice until the process of engagement with the
Commission has been completed.

DBI announces pro-forma interim results as follows:

                              DB INVESTMENTS SA

                        Consolidated Income Statement

                     for the half-year ended 30 June 2001

                           (Abridged and unaudited)



                                                        US Dollar millions
                                                           
                                                     Pro  De Beers     De Beers
                                                   forma  6 months           12
                                                       6        to       months 
                                                  months   30 June           to
                                                      to      2000           31
                                                      30               December
                                                    June                   2000
                                                    2001



Diamond sales
-DTC                                               2 619     3 517        5 670
-Other                                               238       257          420
Trade investment and other income                    338       290          681

                                                   3 195     4 064        6 771
Deduct:
Cost of sales                                      2 278     3 005        4 764
Depreciation and amortisation                         65        65          115
Sorting and marketing                                193       197          406
Exploration and research                              64        55          164

Net diamond account                                  595       742        1 322
Add:
Investment income                                    172       171          263
Net interest                                          17        26           69
Surplus on realisation of fixed assets and            64        38           66
investments
                                                     848       977        1 720
Deduct:
Corporate expenses (Note 1)                          186        19           41
Net income before taxation                           662       958        1 679
Taxation                                             182       248          370
Net income after taxation                            480       710        1 309
Attributable to outside shareholders in
subsidiaries                                          10        14           20
Own earnings                                         470       696        1 289
Share of income of associated companies and
joint ventures                                       163       286          617
Total net earnings                                   633       982        1 906
Headline earnings                                    744       877        1 707

Cash available from operating activities             733     2 045        2 237
(Note 2)



DB Investments SA acquired 100% ownership of De Beers Consolidated Mines
Limited (DBCM) and De Beers Centenary AG (DBCAG) on 8 June 2001. However, to
facilitate comparison with previous periods, the results for DB Investments
shown above have been prepared on a pro forma basis to include the results of
DBCM and DBCAG for the full six months ended

30 June 2001. Comparatives reflect the previously published combined results
of De Beers.



                          Consolidated Balance Sheet

                                 30 June 2001

                           (Abridged and unaudited)


                                                             US Dollar millions
                                                                   30 June 2001
Shareholders' interests                                                   3 813

Outside shareholders' interests                                              80
                                                                          3 893
Provisions for liabilities and charges                                      226

Net interest bearing debt (Note 3)                                        3 264
                                                                          7 383
Fixed assets                                                              4 414

Investments and loans (Note 4)                                              455

Net current assets (Note 5)                                               2 514
                                                                          7 383



Notes and Comments

 1. Corporate expenses include a provision for early redemption of DBCAG's
    Sterling Bonds and non recurring fees relating to the acquisition of De
    Beers by DBI.
 2. The figure of US$ 2,045 million shown as cash available from operating
    activities for the six months ended 30 June 2000 included US$ 1,237
    million generated from drawing down diamond stockpiles.
 3. Cash has been offset against interest bearing debt.
 4. In the period from 1 July 2001 to date, DBCM's disposals of listed shares
    totalled R 2,3 billion (US$ 284 million). DBCM no longer holds interests
    in FirstRand or BHP Billiton whilst its holding in AngloGold has been
    reduced to less than 1%.
 5. Net current assets include diamond stocks.
 6. No dividends have been declared during the period under review.
 7. An amount of US$ 3,175 million was drawn against DBI's US$ 3,550 million
    Senior Debt facility at 30 June 2001. It is planned to utilise a further
    US$ 375 million in the near future in order to effect early redemption of
    the Sterling Bonds as referred to above. No drawing had been made against
    the US$ 1 billion revolving facility at 30 June 2001.



Contacts:

De Beers London:



Andy Lamont          [phone]/[phone]

Joan Braune          [phone]/[phone]

Kate Evan-Jones      [phone]/[phone]

De Beers SA

Roger van Eeghen     [phone]/[phone]

Tracey Peterson      [phone]/[phone]



Further information may be obtained by visiting www.debeersgroup.com. A
selection of images may be downloaded from www.newscast-online.com.