Anglo American Platinum : Trading statement for the twelve months ending 31 December 2016

In terms of the Listings Requirements of the JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on next will differ by at least 20% from those of the previous corresponding reporting period.

Anglo American Platinum advises shareholders that, mainly due to the benefit of foreign exchange movements as well as cost saving initiatives across the Company, headline earnings and headline earnings per share ('HEPS') for the twelve months ending 31 December 2016 will be at least 20% (R21 million or 8 cents per share) higher than reported headline earnings and HEPS for the twelve months ended 31 December 2015 ('the comparative period'). Headline earnings and HEPS for the comparative period were R107 million and 41 cents respectively.

Basic earnings and basic earnings per share ('EPS') will also be at least 20% (R2.425 billion or 928 cents per share) higher than reported basic earnings and EPS for the comparative period. Basic earnings and EPS for the comparative period were a loss of R12.125 billion and a loss of 4,638 cents respectively due to the asset impairments and write-offs in the comparative period.

There is currently insufficient certainty to enable the Company to provide specific guidance on its expected results and it is anticipated that Anglo American Platinum will publish a further trading statement closer to the release of its annual financial results which will be released on 15 February 2017 on the Stock Exchange News Service.

The forecast financial information on which this trading statement is based has not been reviewed, or reported on, by the Company's external auditors.

Johannesburg, South Africa
10 November 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)