Circular to Amplats Shareholders - Anglo American Platinum

Notes:1. The consolidated statement of financial position before the issue of Amplats’ Shares as part of the Community Development Transactionhas been extracted from the consolidated statement of financial position included in Amplats’ published reviewed results for thesix months ended 30 June 2011.2. The financial effects are calculated on the assumptions that:– The Trust will subscribe for 6.3 million Amplats Ordinary Shares at a par value of 10 cents and a Subscription Price of R0.6 million .– The cash received for the issue of the 6.3 million Amplat’s Ordinary Shares is funded by Amplats as an advance to the Trust .– The once-off IFRS 2 charge of R1,161 million is expensed on 30 June 2011 and the transaction costs of R34 million have been takendirectly to equity.33