Scaw Metals

Anglo American PLC
01 March 2007


News Release


1 March 2007




              Scaw Metals announces equity empowerment transaction



Anglo American plc is pleased to announce that its Scaw Metals business has
initiated an empowerment transaction for its South African assets, which has
resulted in the formation of a new company, Scaw South Africa (Pty) Ltd (Scaw
SA), with effect from 1 January 2007.



Scaw, an international manufacturer of steel and alloy iron products, is wholly
owned by Anglo American and part of the Anglo Ferrous Metals and Industries
division. The transaction will result in a black economic empowerment (BEE)
consortium acquiring a 21% equity stake and a broad-based employee trust
acquiring a 5% equity stake in the R5.3 billion ($704 million) South African
business. Anglo American will hold the remaining 74%.







For further information:



Anglo American

Fiona Wrench - 011 638 2273

[e-mail]










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