Kumba Iron Ore Annual Results

Anglo American PLC
15 February 2007


News Release

15 February 2007


                        Anglo American plc notification:

               Kumba Iron Ore Limited ("KIO") annual results 2006


Anglo American wishes to draw attention to KIO's announcement of its results for
the year ended 31 December 2006.


Anglo American will record underlying earnings in respect of Kumba of $302
million for the year ended 31 December 2006. This constitutes $262 million in
respect of KIO and $40 million in respect of Kumba's non-iron ore businesses
(now Exxaro Resources Limited), partially disposed of in November 2006. The
Anglo American underlying earnings take into account certain adjustments:
_________________________________________________________________________________________

                                                                                       $m
_________________________________________________________________________________________
KIO
KIO IFRS pro-forma headline earnings for the 12 months ended 31 December 2006 (US
dollar equivalent of published) (1)
                                                                                      314
Depreciation of assets revalued on acquisition (net of tax)                           (6)
Adjustment to profit on disposal (2)                                                   23
Other adjustments                                                                     (3)
_________________________________________________________________________________________
                                                                                      328
Minority interest                                                                    (66)
_________________________________________________________________________________________
KIO contribution to Anglo American underlying earnings                                262
Add contribution from Kumba non-iron ore                                               40
_________________________________________________________________________________________
Kumba contribution to Anglo American underlying earnings                              302
_________________________________________________________________________________________

(1)  The KIO IFRS pro-forma headline earnings for the 12 months ended 31
December 2006 assume a minority interest of 20% in KIO's underlying mining
assets.

(2)  The BEE cost in respect of KIO's disposal of 3% of the issued share capital
of Sishen Iron Ore Company (Pty) Limited ("SIOC") to the SIOC Community
Development Trust, as part of the conditions of the Kumba Resources empowerment
transaction, is calculated in accordance with IFRS2 "Share-based payments".
This is excluded from Anglo American's 'Underlying earnings' as it is considered
to be part of the Kumba empowerment transaction. This amount, however, is
included in KIO's 'Headline earnings' as defined by the Johannesburg Securities
Exchange.

Anglo American will report annual results for the year ended 31 December 2006 on
21 February 2007.     The above figures are unaudited.


Underlying 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 include those items of financial performance
which the Group believes should be excluded from underlying financial
performance, and principally relate to impairment and significant closure costs,
exceptional legal provisions and profit or loss on disposals. Remeasurements
include adjustments to ensure that the unrealised gains or losses on non-hedge
derivative instruments are recorded in underlying earnings in the same period as
the underlying transaction against which these instruments provide an economic,
but not formally designated, hedge.


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