Minerals Bill Statement

Anglo American PLC
06 August 2002



News Release

6 August 2002



           MINERALS BILL: STATEMENT FROM ANGLO AMERICAN AND DE BEERS

We are pleased that it has been made clear that the leaked draft South African
mining industry Charter is not official and does not in any way reflect South
African Government policy.

The mining industry remains a fundamental pillar of the South African economy
and is identified in the minds of investors, internationally and domestically,
with business in South Africa. To that extent the Minerals Bill is the most
important piece of legislation enacted since the South African Constitution came
into effect in 1994 and it is vital that the South African Government should
implement the Act in a way which promotes the stability and growth of the mining
industry and confirms the reputation of South Africa as a proponent of sound and
investor friendly economic policies.

It is therefore further reassuring that we and the South African Government at
the highest level have agreed to meet in the next few days to set the scene for
a constructive debate on the negotiation of the South African mining industry
Charter. We are confident that the meeting will confirm the fundamental
principles governing industry transformation to which the South African
Government and the industry have committed themselves, most importantly the
security of tenure and the sale and transfer of assets in a transparent manner
reflecting fair market value.



TONY TRAHAR

CEO: ANGLO AMERICAN PLC


NICKY OPPENHEIMER

CHAIRMAN: DE BEERS



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