Disposal to Billiton

Anglo American PLC
8 September 2000

                              ANGLO AMERICAN PLC
                              ('Anglo American')
                                       
                                 BILLITON PLC
                                 ('Billiton')
                                       
                           GLENCORE INTERNATIONAL AG
                                 ('Glencore')
                                       


JOINT NEWS  RELEASE
                                       
                                       
  ACQUISITION BY BILLITON OF ONE THIRD INTEREST IN CARBONES DEL CERREJON FROM
                          ANGLO AMERICAN AND GLENCORE


London, 8 September 2000

On  23 May 2000, Anglo American, Billiton and Glencore announced that they had
signed  a Memorandum of Understanding in terms of which Billiton would acquire
a  one  third share of Carbones del Cerrejon from Anglo American and Glencore,
the current equal owners.

Anglo  American,  Billiton  and Glencore announce  that  they  have  signed  a
definitive  sale  and purchase agreement and expect to close this  transaction
within the next week.





Enquiries:

Anne Dunn, VP Investor Relations, Anglo American plc
Tel:      [phone]               Mobile:   [phone]
Fax:      [phone]               email: [e-mail]

Marc Gonsalves, Senior Manager Corporate Affairs, Billiton Plc
Tel:      [phone]         Mobile:   [phone]
Fax:      [phone]         email: [e-mail]

Lotti Grenacher, Glencore InternationalAG
Tel:      [phone]           email: [e-mail]
Fax:      [phone]