Disposal

Anglo American PLC
08 October 2004


News Release

8 October 2004


            Anglo American enters into agreement to sell Hudson Bay


Anglo American International, S.A., a wholly owned subsidiary of Anglo American
plc ("Anglo American") has entered into an agreement to sell Hudson Bay Mining
and Smelting ("Hudson Bay"), to Ontzinc Corporation ("Ontzinc") for a cash
consideration of C$325 million (approximately US$250 million) subject to final
adjustments.

The sale is conditional on, inter alia, Ontzinc completing debt and equity
financings to fund the acquisition. If such conditions are met, the transaction
is expected to be completed towards the end of 2004.



For further information:

Anglo American - London
Investor Relations                            Media Relations
Nick von Schirnding                           Kate Aindow
Tel:  [phone]                        Tel:  [phone]




Anglo American - Johannesburg
Investor Relations                            Media Relations
Anne Dunn                                     Marion Dixon
Tel:  [phone]                         Tel:  [phone]



Notes to Editors:

Anglo American plc is one of the world's largest mining and natural resource
groups. With its subsidiaries, joint ventures and associates, it is a global
leader in gold, platinum group metals and diamonds, with significant interests
in coal, base and ferrous metals, industrial minerals and paper and packaging.
The group is geographically diverse, with operations and developments in Africa,
Europe, South and North America, Australia and Asia. (www.angloamerican.co.uk).



                      This information is provided by RNS
            The company news service from the London Stock Exchange