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Anglo American plc - Sale of Samancor Chrome
Anglo American plc
(Incorporated in the United Kingdom)
Registration number: 3564138
Share code: AGL
ISIN: GB0004901517
(the `Company`)
SALE OF SAMANCOR CHROME
BHP Billiton and Anglo American plc (`Anglo American`) announced today that they
have reached agreement for the sale of Samancor Chrome to the Kermas Group for
an enterprise value of US$469 million. The sale will be effective 1 April 2005,
subject to obtaining regulatory approvals.
The Kermas Group is a producer of and trader in ferrochrome and chrome
chemicals, with activities in Russia, Germany and Turkey.
The Wonderkop joint venture and Palmiet Ferrochrome plant are excluded from this
transaction. Samancor Chrome operates entirely in South Africa, and includes
Eastern Chrome Mines in Mpumalanga and Western Chrome Mines in Northwest
Provinces. It also has alloy plants in Gauteng and Mpumalanga Provinces. It
markets product across the globe and in total employs some 5 500 people.
Samancor Chrome is a wholly owned subsidiary of Samancor, owned 60% by BHP
Billiton, also the operator and 40% by Anglo American.
For further information contact:
BHP Billiton:
http://www.bhpbilliton.com
Australia United Kingdom
Jane Belcher, Investor Relations Mark Lidiard, Investor & Media
Tel: +61 3 9609 3952 Relations
Mobile: +61 417 031 653 Tel: +44 20 7802 4156
email: Jane.H.Belcher@bhpbilliton.com email: Mark.Lidiard@bhpbilliton.com
Tania Price, Media Relations Ariane Gentil, Media Relations
Tel: +61 3 9609 3815 Tel: +44 20 7802 4177
Mobile: +61 419 152 780 Mobile: +44 78 81 51 8715
email: Tania.Price@bhpbilliton.com email: Ariane.Gentil@bhpbilliton.com
United States South Africa
Francis McAllister, Investor Michael Campbell, Investor & Media
Relations Relations
Tel: +1 713 961 8625 Tel: +27 11 376 3360
Mobile: +1 713 480 3699 Mobile: +27 82 458 2587
email: email:
Francis.R.McAllister@bhpbilliton.com Michael.J.Campbell@bhpbilliton.com
Anglo American:
United Kingdom
Charlie Gordon, Investor Relations
Tel: +44 20 7698 8933
Kate Aindow, Media Relations
Tel: +44 20 7698 8619
South Africa
Anne Dunn, Investor Relations
Tel: +27 11 638 4730
Marion Dixon, Media Relations
Tel: +27 11 638 3001
N Jordan
Company Secretary
17 February 2005
Sponsor
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