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SECURING OUR FUTURE<br />

ORE RESERVE AND MINERAL RESOURCE ESTIMATES<br />

as at 31 December <strong>2011</strong><br />

MINERAL RESOURCES BY MINE/PROJECT<br />

Mineral Resources exclusive of Ore Reserves (4E)<br />

The figures in the table below represent <strong>Anglo</strong> <strong>American</strong> Platinum Limited’s (Amplats) attributable interests:<br />

Merensky UG2 Platreef Tailings<br />

Resources 4E million Resources 4E million Resources 4E million Resources 4E million<br />

Mine/project million Grade troy million Grade troy million Grade troy million Grade troy<br />

(AAPL interest) Category tonnes 4E g/t ounces tonnes 4E g/t ounces tonnes 4E g/t ounces tonnes 4E g/t ounces<br />

SOUTH AFRICA<br />

Der Brochen Project Measured 37.4 4.63 5.6 60.9 4.09 8.0<br />

(100%) Indicated 45.5 4.43 6.5 158.8 4.04 20.6<br />

Inferred 97.7 4.25 13.3 181.2 3.91 22.8<br />

Total 180.7 4.37 25.4 400.9 3.98 51.4<br />

Ga-Phasha PGM Project Measured 9.9 4.52 1.4 19.8 6.00 3.8<br />

(49%) Indicated 18.5 4.97 3.0 29.8 5.84 5.6<br />

Inferred 87.1 5.32 14.9 59.9 6.26 12.1<br />

Total 115.5 5.20 19.3 109.5 6.10 21.5<br />

P<strong>and</strong>ora Mine (42.5%) Measured 3.1 4.81 0.5<br />

Indicated 14.1 4.51 2.0<br />

Inferred 42.1 4.12 5.6<br />

Total 59.3 4.25 8.1<br />

Magazynskraal Project Measured 0.5 5.52 0.1<br />

(20%) Indicated 1.8 5.44 0.3 3.5 4.49 0.5<br />

Inferred 5.4 5.51 1.0 9.2 4.69 1.4<br />

Total 7.2 5.49 1.3 13.2 4.67 2.0<br />

Other exploration Measured 0.1 6.90 0.0 1.4 5.21 0.2<br />

projects (variable %) Indicated 2.2 7.82 0.5 5.3 5.81 1.0<br />

Inferred 1.3 7.01 0.3 4.4 5.89 0.8<br />

Total 3.6 7.50 0.9 11.0 5.77 2.0<br />

General<br />

1<br />

For reconciliation purposes the Mineral Resources from the individual mines Khuseleka, Thembelani, Khomanani, Siphumelele <strong>and</strong> Bathopele have been tabulated<br />

to enable a comparison with the previously <strong>report</strong>ed Rustenburg Mine. Additional Mineral Resources outside the five mines <strong>and</strong> within the original Rustenburg mine<br />

lease area are included under ‘Rustenburg non-mine projects’. The total of the five mines <strong>and</strong> the ‘Rustenburg non-mine project’ is equivalent to the total Rustenburg<br />

area. In several instances the <strong>2011</strong> mine boundaries do not correspond with the previous year. During <strong>2011</strong>, some additional mine boundaries changes occurred<br />

especially for the UG2 Reef between ‘Rustenburg non-mine projects’ <strong>and</strong> Khomanani/Siphumelele. Another significant mine boundary change occurred between<br />

Khuseleka <strong>and</strong> Thembelani. For reconciliation purposes the entire Rustenburg area will be compared.<br />

2<br />

For reconciliation purposes the Mineral Resources from the individual mines Tumela <strong>and</strong> Dishaba have been tabulated to enable a comparison with the previously<br />

<strong>report</strong>ed Am<strong>and</strong>elbult Mine.<br />

3<br />

During <strong>2011</strong>, Union Mine was split into two mines: Union North <strong>and</strong> Union South. For this annual <strong>report</strong> the combined mine information is presented.<br />

Rounding of figures may result in computational discrepancies. 4E grade <strong>report</strong>ed: sum of platinum, palladium, rhodium <strong>and</strong> gold grades.<br />

The Mineral Resources are quoted exclusive of Ore Reserves <strong>and</strong> after geological losses.<br />

For the Boikgantsho <strong>and</strong> Sheba’s Ridge Project see page 188.<br />

Prill <strong>and</strong> base metal estimates<br />

The prill % distribution (platinum, palladium, rhodium <strong>and</strong> gold %) <strong>and</strong> the base metal grades (copper, nickel) are based on the modelled <strong>and</strong><br />

evaluated information, are quoted over the Resource Cut <strong>and</strong> reflect the Mineral Resources inclusive of Ore Reserves.<br />

30 ANGLO AMERICAN PLATINUM LIMITED <strong>2011</strong>

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