Disposal

Anglo American PLC
15 July 2003


News Release

15 July 2003

                   Anglo American disposes of stake in Avgold

Anglo American plc ("Anglo American") announces that it has, subject to certain
conditions, exchanged its 11.5% stake in Avgold Limited ("Avgold") for rights to
shares in Harmony Gold Mining Company Limited ("Harmony") to be issued pursuant
to a renounceable letter arrangement mechanism. The aforesaid rights will
immediately be onsold by Anglo American for an aggregate amount of around US$80
million.

This announcement is not an offer to sell or a solicitation of an offer to
purchase any securities.



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