Receipt of Royalties

ANGLOVAAL MINING LIMITED
31 August 1999

Avmin
Anglovaal Mining Limited
('the Company')
(formerly Anglovaal Limited)
(Incorporated in the Republic of South Africa)
(Registration number 05/04580/06)

Consolidated Mines Limited ('De Beers')

The Company, through The Saturn Partnership ('the Partnership'), has
received its share of the royalty from De Beers in respect of the profits of
the Venetia Diamond Mine ('Venetia') for the six months to 30 June 1999
amounting to R81,1 million. As a result of the rationalisation scheme in
terms of which all Avmin Limited's assets were transferred into the Company
with effect from 1 January 1999, the Company's direct stake in the
partnership increased to 87,5 per cent. The comparative figures below are
pro forma on the assumption that the Company held an 87,5 per cent stake in
prior periods.

The total royalty for the period in question amounted to R92,7 million. This
compares to amounts of R136,1 million (the Company's share: R119,1 million)
for the six months to 31 December 1998 and R164,3 million (the Company's
share: R143,8 million) for the six months to 30 June 1998.

The profits of  Venetia are shared equally between the Partnership and
De Beers.

Johannesburg