Circular to Amplats Shareholders - Anglo American Platinum

Annexure 2INDEPENDENT REPORTING ACCOUNTANTS’ REPORT ON THE UNAUDITED PRO FORMAFINANCIAL EFFECTS“The DirectorsAnglo American Platinum Limited55 Marshall StreetJohannesburg20018 November 2011Dear SirsINDEPENDENT REPORTING ACCOUNTANT S’ LIMITED ASSURANCE REPORT ON THE PRO FORMAFINANCIAL INFORMATION OF ANGLO AMERICAN PLATINUM LIMITED (“AMPLATS”)We have performed our limited assurance engagement in respect of the pro forma financial information setout in paragraph 3.15 and Annexure 1 of the Circular to be dated on or about 14 November 2011 issued inconnection with the proposed communities Community Development Transaction (“transaction”) of Amplatsthat is the subject of th is Circular. The pro forma financial information has been prepared in accordance withthe requirements of the JSE Limited (“JSE”) Listings Requirements, for illustrative purposes only, to provideinformation about how the Community Development Transaction might have affected Amplats’ reportedinterim financial results presented for the six months ended 30 June 2011, had the Community DevelopmentTransaction been undertaken at the commencement of the six month period end ing 30 June 2011 or at the dateof the pro forma statement of financial position being reported on.Directors’ responsibilityThe Directors are responsible for the compilation, contents and presentation of the pro forma financial informationcontained in the Circular and for the financial information from which it has been prepared. Their responsibilityincludes determining that: the pro forma financial information has been properly compiled on the basis stated;the basis is consistent with the accounting policies of Amplats; and the pro forma adjustments are appropriatefor the purposes of the pro forma financial information disclosed in terms of the Listings Requirements.Reporting accountant’s responsibilityOur responsibility is to express our limited assurance conclusion on the pro forma financial informationincluded in the Circular to Amplats’ Shareholders. We conducted our assurance engagement in accordancewith the International Standard on Assurance Engagements applicable to Assurance Engagements OtherThan Audits or Reviews of Historical Financial Information and the Guide on Pro Forma Financial Information(“ISAE 3000”) issued by the South African Institute of Chartered Accountants (“SAICA”).This standard requires us to obtain sufficient appropriate evidence on which to base our conclusion. We donot accept any responsibility for any reports previously given by us on any financial information used in thecompilation of the pro forma financial information, beyond that owed to those to whom those reports wereaddressed by us at the dates of their issue.Sources of information and work performedOur procedures consisted primarily of comparing the unadjusted financial information with the sourcedocuments, considering the pro forma adjustments in light of the accounting policies of Amplats, consideringthe evidence supporting the pro forma adjustments and discussing the adjusted pro forma financial informationwith the Directors of the Company in respect of the corporate actions that are the subject of th is Circular.34