Receipt of Royalties

Anglovaal Mining Ld 29 February 2000 Anglovaal Mining Limited ('the Company') (Incorporated in the Republic of South Africa) (Registration number 1933/004580/06) Royalty received from De Beers 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 31 December 1999 amounting to R258,2 million. The total royalty for the period in question amounted to R295,1 million. This compares to amounts of R92,7 million (the Company's share: R81,1 million) for the six months to 30 June 1999 and R136,1 million (the Company's share: R119,1 million) for the six months to 31 December 1998. The profits of Venetia are shared equally between the Partnership and De Beers. Johannesburg 1 March 2000
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