Offer Update

Anglo American PLC
21 January 2002



FOR IMMEDIATE RELEASE                         21 January 2002



                      MONDI RESPONDS TO SAICA COUNTER BID



Following the announcement of a counter bid by SAICA for La Rochette, Anglo
American plc announces that its wholly owned subsidiary, Mondi International
(whose Offer opened on 21 January and was recommended by the Board of La
Rochette on 18 January) has no comment to make at this stage. Mondi will review
the full details of the counter-Offer and respond in due course.

A prospectus detailing Mondi International's offer for La Rochette was published
on 18 January 2002 in Les Echos and received approval no 02-035 from the COB(1).
It is available from Rothschild & Cie Banque and Brunswick.

(1) Commission des Operations de Bourse - Stock Exchange Commission



Enquiries:

Mondi

David Hathorn      [phone] / [phone]

Peter Oswald       [phone] / [phone]

Anglo American

Edward Bickham     [phone]

Marion Dixon       [phone]

Rothschild & Cie Banque

Eric Toulemonde    [phone]

Brunswick

Andrew Dewar       [phone]

Patricia Perrier   [phone]







Note for Editors:

Mondi encompasses the Forest Product activities of Anglo American. Mondi
generated a consolidated turnover of US$ 3.4 billion in 2000 and an operating
profit of US$ 458 million. Mondi is an international, integrated forest products
and packaging group. Mondi has operations and interests in Europe and South
Africa. Mondi's main activities are corrugated packaging, industrial sacks and
graphic paper. Mondi has around 115 plants throughout Europe and is operating
under the brands of:

  • Mondi Packaging for corrugated packaging
  • Frantschach for industrial sacks, barrier coated paper and flexible
    packaging
  • Neusiedler for uncoated woodfree paper

Mondi also holds a 50% stake in Aylesford Newsprint.

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 gold, platinum group metals and diamonds, with significant interests
in coal, base and ferrous metals, industrial minerals and forest products. The
Group is geographically diverse with operations in over 40 countries in Africa,
Europe, South and North America and Australia. The company is listed in London,
Johannesburg and Switzerland.

(www.angloamerican.co.uk)





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