Disposal

Anglo American PLC
29 October 2003


News Release


29th October 2003



 ANGLO AMERICAN PLC ANNOUNCES THE DISPOSAL OF ITS REMAINING STAKE IN LI & FUNG


Anglo American plc announces that it has disposed of its remaining 4.6% holding
in Li & Fung Limited ("Li & Fung") for some $220m through a placing of shares.


This follows the announcement on 6 September 2000 regarding the disposal of some
5% in Li & Fung and the intention to dispose of the remaining 4.6% after the
expiry of a three-year holding period.



Ends






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