Anglo American PLC
05 September 2007
News Release
5th September
Anglo American plc successful placing of 19,000,000 Exxaro shares
THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER OF SECURITIES IN THE
UNITED STATES OR ANY OTHER JURISDICTION.
Anglo American plc is pleased to announce that, following agreement between its
subsidiary, Anglo South Africa Capital (Proprietary) Limited, RMB Morgan Stanley
(the "Bookrunner"), Morgan Stanley & Co. International plc ("Morgan Stanley")
and Rand Merchant Bank, a division of FirstRand Bank Limited ("RMB"), (the
"Joint Financial Advisors") 19,000,000 ordinary shares in Exxaro Resources
Limited ("Exxaro"), representing in aggregate approximately 5% of the issued
share capital of Exxaro (the "Placing"), have been placed at a price of 73 Rands
per ordinary share raising gross proceeds of R1,387 million.
Settlement of the Placing is expected to take place on 12 September 2007.
The Placing price of 73 Rands represents a discount of 2.2% to the daily volume
weighted average price of Exxaro shares on the JSE Limited at the closing of the
Placing, being 74.67 Rands.
The arrangements of the Placing provide that following completion of the
Placing, Anglo American will not, for a period of 60 days, sell or issue, where
applicable, further shares of Exxaro.
For further information:
Investor and Media Inquiries
Charles Gordon
Tel: +44 207 968 8933
Anna Poulter
Tel: +44 207 968 2155
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 platinum group metals, gold and diamonds, with significant interests
in coal, base and ferrous metals, and industrial minerals. The Group is
geographically diverse, with operations 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
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