14th Dec 2006 07:02
Anglo American PLC14 December 2006 News Release 14 December 2006 Tongaat-Hulett Anglo American welcomes the announcement today by The Tongaat-Hulett Group ("Tongaat") regarding the proposed unbundling and listing on the JSE of HulettAluminium ("Hulamin") and the proposed Black Economic Empowerment ("BEE")transactions in respect of Tongaat and Hulamin. These transactions representfurther progress in advancing Anglo American's strategic targets which wereannounced in October 2005. The proposed transaction will result in the acquisition of a 25% interest inTongaat and a 15% interest in Hulamin by broad-based groups of BEE investors.Further to these transactions, Anglo American's shareholding in Tongaat willreduce from 51% to 38% and its shareholding in Hulamin will be an effective 39%,down from 45%. To view the full Tongaat-Hulett press release, please paste the following URL into the address bar of your browser: http://www.rns-pdf.londonstockexchange.com/rns/8642n_-2006-12-13.pdf This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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