Twickenham Platinum Mine

Anglo American PLC
6 September 2001


News Release
6th September 2001


AA plc wishes to draw attention to the following announcement made by Anglo
Platinum today.



Anglo Platinum announcement:

TWICKENHAM PLATINUM MINE

Anglo Platinum is pleased to announce that it will be proceeding with the
development of a new platinum group metals mine on the farms Twickenham,
Paschaskraal and Hackney on the Eastern Limb of the Bushveld Igneous Complex
in the Northern Province, some 40 km from the town Burgersfort.

Production will be 250 000 tons of UG2 ore per month and will consist of two
100 000 ton per month decline shaft systems, a 50 000 ton per month adit hill
system and a dedicated 250 000 ton per month concentrator. Further downstream
processing will take place at Anglo Platinum's process facilities at
Pietersburg and Rustenburg. At the planned production rate, the mine's
resource base is sufficient to sustain production for more than 30 years.

Initial capital expenditure is estimated at R2,7 billion (in 2002 money
terms). It is expected that the mine will be in steady state production in
2006 and will be producing 160 000 oz of platinum per annum and 176 000 oz of
palladium per annum. Together with previously announced expansions, this
project will allow Anglo Platinum to achieve its medium term expansion to 3,5
million ounces of platinum per annum by 2006, which is in line with the
Company's view of market supply and demand.

At full production some 2 200 people will be employed on the mine. Apart from
the direct benefits that will flow from this employment, the establishment of
the mine will create opportunities for other economic and small business
development in the area.



Issued by the Group Public Affairs Department

Johannesburg

6 September 2001