Disposal

Anglo American PLC
29 August 2000

                  Anglo American plc sells Tarmac's US assets
                                       
Anglo  American  plc  ('AA plc') is pleased to announce  the  sale  of  Tarmac
America  to Titan Cement Company S.A. ('Titan') for US$636 million. This  sale
brings  AA  plc's proceeds from the disposal of non-core assets to  over  $1.1
billion since the start of the year.

AA  plc  stated  its  intention  to dispose of Tarmac's  US  assets  with  the
announcement of  its Offer for Tarmac on 5 November 1999, saying that  AA  plc
had no presence in industrial minerals in the US and could not see synergistic
benefits arising from the acquisition of the US assets.

Tarmac  America is a construction materials company and a leading supplier  of
aggregates,  cement, concrete products and ready mixed concrete in  the  south
eastern US.

Titan  produces and sells cement and building materials in Greece  and  abroad
and  is  also  involved  in quarrying, transportation,  shipping  and  related
services.

The agreed price of US$636 million for Tarmac America exceeds AA plc's initial
expectations  and reduces the net cost of acquiring the ongoing businesses  of
Tarmac  to  US$1.3 billion. This cost will be further reduced by the  proceeds
from  the  disposals of certain UK assets required by the Department of  Trade
and  Industry  and announced at the time of the acquisition. The disposals  of
the UK assets will be announced shortly.

Tony  Trahar,  Chief Executive of AA plc said 'We are very  pleased  with  the
agreed  price  for Tarmac America which exceeds our initial expectations.  The
sale  of  Tarmac America brings the total sale proceeds for this  year  of  AA
plc's non core assets to over US$1.1billion'.

For further information:

Anglo American - London

Investor Relations                      Media Relations
Nick von Schirnding                     Kate Aindow
Tel:  [phone]               Tel:   [phone]

Anglo American - Johannesburg

Investor Relations                 Media Relations
Anne Dunn                     Marion Dixon
Tel: [phone]               Tel:    [phone]