Re Joint Venture

Anglo American PLC
29 July 2002





News Release
29 July 2002



                  Anglo Coal and Mitsui complete transactions

On 11 April 2002, Anglo American plc announced plans for joint venture
arrangements between its wholly owned subsidiary, Anglo Coal Australia Pty Ltd
("Anglo Coal Australia") and Mitsui Coal Holdings Pty Limited, a subsidiary of
Mitsui and Co. Ltd of Japan ("Mitsui").  As part of those arrangements, Mitsui
today acquired from Anglo Coal Australia a 30% interest in the German Creek mine
and a 49% interest in the Theodore, Dawson and Taroom projects in Central
Queensland.





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