Tarmac Offer Talks Terminated

Anglo American PLC
1 November 1999


Anglo American plc ('Anglo American') confirms that it is the party which made
an  approach  to  Tarmac regarding a possible offer for  the  company.   Anglo
American confirms that talks were terminated on Friday  29 October  after  an
increased proposal of 550 pence per share in  cash  (having earlier that day
made a proposal of 535 pence per share in cash) was made  to, and summarily
rejected by, Tarmac and its advisors.


Enquiries:

Nick von Schirnding
Senior Vice President Investor and Corporate Affairs
Tel: [phone]