5th Sep 2007 13:43
Anglo American PLC05 September 2007 News Release 5th September Anglo American plc successful placing of 19,000,000 Exxaro shares THIS ANNOUNCEMENT DOES NOT CONSTITUTE OR FORM AN OFFER OF SECURITIES IN THEUNITED STATES OR ANY OTHER JURISDICTION. Anglo American plc is pleased to announce that, following agreement between itssubsidiary, Anglo South Africa Capital (Proprietary) Limited, RMB Morgan Stanley(the "Bookrunner"), Morgan Stanley & Co. International plc ("Morgan Stanley")and Rand Merchant Bank, a division of FirstRand Bank Limited ("RMB"), (the "Joint Financial Advisors") 19,000,000 ordinary shares in Exxaro ResourcesLimited ("Exxaro"), representing in aggregate approximately 5% of the issuedshare capital of Exxaro (the "Placing"), have been placed at a price of 73 Randsper ordinary share raising gross proceeds of R1,387 million. Settlement of the Placing is expected to take place on 12 September 2007. The Placing price of 73 Rands represents a discount of 2.2% to the daily volumeweighted average price of Exxaro shares on the JSE Limited at the closing of thePlacing, being 74.67 Rands. The arrangements of the Placing provide that following completion of thePlacing, Anglo American will not, for a period of 60 days, sell or issue, whereapplicable, further shares of Exxaro. For further information: Investor and Media Inquiries Charles Gordon Tel: +44 207 968 8933 Anna Poulter Tel: +44 207 968 2155 Notes to Editors: Anglo American plc is one of the world's largest mining and natural resourcegroups. With its subsidiaries, joint ventures and associates, it is a globalleader in platinum group metals, gold and diamonds, with significant interestsin coal, base and ferrous metals, and industrial minerals. The Group isgeographically diverse, with operations in Africa, Europe, South and NorthAmerica, Australia and Asia. (www.angloamerican.co.uk) This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Anglo American