Final Results - Part 3

Anglo American PLC 22 February 2006 PART 3 ANGLO AMERICAN plc (Incorporated in England and Wales - Registered number 3564138) (the 'Company') Notice of Recommended (including Special) Final Dividend (Dividend No 14) The directors have recommended that a dividend on the Company's ordinary share capital in respect of the year ended 31 December 2005 will, subject to approval by shareholders at the Annual General Meeting to be held on Tuesday 25 April 2006, be paid as follows: Amount (United States currency) 95 cents per ordinary share (notes 1 and 2) Last day to effect removal of shares between the UK and SA registers Wednesday 22 February 2006 Currency conversion US$: Rand rate determined Thursday 23 February 2006 Last day to trade on the JSE Limited ('JSE') to qualify for the Friday 3 March 2006 dividend Ex-dividend on the JSE from the commencement of trading on Monday 6 March 2006 Ex-dividend on the London Stock Exchange from the commencement of Wednesday 8 March 2006 trading on Record date (applicable to both the United Kingdom principal register Friday 10 March 2006 and South African branch register) Currency conversion US$: £/€ rates determined Monday 13 March 2006 Removal of shares between the UK and SA registers permissible from Monday 13 March 2006 Last day for receipt of Dividend Reinvestment Plan ('DRIP') Mandate Forms by Central Securities Depository Participants ('CSDPs') (notes 4 and 5) Tuesday 4 April 2006 Last day for receipt of DRIP Mandate Forms by the UK Registrars or the South African Transfer Secretaries (notes 4 and 5) Thursday 6 April 2006 Dividend warrants posted Tuesday 2 May 2006 Payment date of dividend Wednesday 3 May 2006 Notes: 1. This amount includes a special dividend of 33 cents per ordinary share. 2. Shareholders on the United Kingdom register of members with an address in the United Kingdom will be paid in pounds sterling and those with an address in a country in the European Union which has adopted the euro, will be paid in euros. Such shareholders may, however, elect to be paid their dividends in US dollars provided the UK Registrar receives such election by Friday 10 March 2006. Shareholders with an address elsewhere will be paid in US dollars except those registered on the South African branch register who will be paid in South African rand. The currency conversion rates and the amounts per share in South African rand and in pounds sterling/euros will be announced on Thursday 23 February and Monday 13 March 2006 respectively. 3. Dematerialisation and rematerialisation of registered share certificates in South Africa will not be effected by CSDPs during the period from Monday 6 March 2006 to Friday 10 March 2006 (both days inclusive). 4. Those shareholders who already participate in the DRIP need not complete a DRIP mandate form for each dividend as such forms provide an on-going authority to participate in the DRIP until cancelled in writing. Shareholders who wish to participate in the DRIP should obtain a mandate form from the UK Registrars, the South African Transfer Secretaries or, in the case of those who hold their shares through the STRATE system, their CSDP. 5. In terms of the DRIP, and subject to the purchase of shares in the open market, share certificates/ Crest notifications are expected to be mailed and CSDP investor accounts credited/updated on Wednesday 17 May 2006. 6. Copies of the terms and conditions of the DRIP are available from the UK Registrars or the South African Transfer Secretaries. By order of the Board N Jordan Secretary 21 February 2006 Registered office UK Registrars South African Transfer Secretaries 20 Carlton House Terrace Lloyds TSB Registrars Ultra Registrars (Proprietary) Limited London The Causeway 11 Diagonal Street SW1Y 5AN Worthing Johannesburg 2001 England West Sussex PO Box 4844, Johannesburg 2000 BN99 6DA South Africa England Appendix 1 Reconciliation of Headline Earnings to Underlying Earnings In previous reporting periods the Group has reported headline earnings as its primary earnings measure, using the definition of headline earnings which is required to be disclosed by the Johannesburg Stock Exchange ('JSE Ltd'), consistent with that given by the Institute of Investment Management and Research ('IIMR'). Following the adoption of International Financial Reporting Standards, as well as consideration of other restrictions of the definition, the Group believes that an alternative measure would provide a clearer picture of the underlying performance of the Group. Consequently, the Group has adopted 'Underlying Earnings' as its principal measure of earnings. Underlying earnings is net profit attributable to equity shareholders, adjusted for the effect of special items and remeasurements, and any related tax and minority interests. Special items are those items of financial performance which the Group believes should be excluded from performance earnings, and principally relate to impairment and significant closure costs, exceptional legal provisions and profit or loss on disposals. Remeasurements include unrealised gains and losses on derivative instruments that are recorded in the income statement, and foreign exchange gains and losses on US$ denominated De Beers preference shares held by a Rand functional subsidiary of the Group. The table below reconciles profit attributable to shareholders to headline earnings and underlying earnings. Year Year 6 months 6 months ended ended ended ended 31 Dec 2005 31 Dec 2004 30 June 2005 30 June 2004 (1) (1) Profit attributable to shareholders 3,521 3,501 1,838 2,226 Operating special items (income)/expense 186 (25) 55 - Special items: (profit)/loss on sale of operations (87) (1,015) 1 (1,005) Related tax 12 38 (28) 32 Related minority interest (35) 2 (14) (3) Share of associates' special items (81) 71 (68) (2) Headline earnings(2) 3,516 2,572 1,784 1,248 Unrealised losses on non-hedge derivatives 315 - 28 - Fair value changes on the option component of the AngloGold Ashanti convertible bond 32 - (32) - Foreign exchange on De Beers' preference shares (72) 112 (91) 49 De Beers' special legal provision 113 - - - Related tax (21) - 6 - Related minority interest (147) 4 - Underlying earnings 3,736 2,684 1,699 1,297 (1) IAS 39 was not effective in 2004 and therefore did not result in any gains/losses on non-hedge derivatives or fair value changes on the AngloGold Ashanti convertible bond. (2) Headline EPS is shown in note 7 to the financial information. For information underlying earnings by business segment for 6 months to 30 June 2005 is given below. Underlying Earnings by Business Segment to 30 June 2005 6 months 6 months ended ended 30 June 2005 30 June 2004 $m $m Platinum 256 137 Gold 69 67 Diamonds 188 218 Coal 263 148 Base Metals 525 434 Industrial Minerals 140 120 Ferrous Metals and Industries 413 208 Paper and Packaging 133 223 Exploration (50) (42) Corporate Activities (238) (216) 1,699 1,297 This information is provided by RNS The company news service from the London Stock Exchange

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