Circular to Amplats Shareholders - Anglo American Platinum

“Community DevelopmentTransaction”“Companies Act”“Conditions Precedent”“Consolidation Period”“CPI”“CSDP”“CSI”“CSI Cash Spend”“Dematerialisation” or“Dematerialised”“Dematerialised Shareholders”“Dematerialised Shares”“Directors”“Discounted Value per share”“Dishaba/Tumela Mine”“Dividend”“Documents of Title”“End Date”“EPS”“Equity Triggers”“ESOP”the issue of the Subscription Shares to the Trust pursuant to theSubscription and Repurchase Agreement, equivalent to 2.33% in Amplats’Ordinary Shares in issue on the Closing Date, subject to the rights andrestrictions under the Subscription and Repurchase Agreement;Companies Act (Act 71 of 2008), as amended;the conditions precedent to which the Community DevelopmentTransaction is subject, as set out in paragraph 5 of this Circular;the period commencing on the day falling on the second anniversaryof the Closing Date and ending on the day preceding the tenth anniversaryof the Closing Date;means the annual percentage change in the consumer price indexin respect of all items for metropolitan areas, excluding interest ratesand mortgage bonds, in South Africa;a central securities depository participant, accepted as a participantin terms of the Securities Services Act;corporate social investment;an annual amount of up to R30 000 000, escalated annually at the CPI,which RPM may, in its sole discretion, allocate and pay to the Trust,which will, in turn, be distributed to the Beneficiaries in accordancewith the provisions of the Trust Deed, to be utilised by the Beneficiariesto implement such CSI projects as may be approved by RPM each year forthe duration of the NVF Period;the process whereby Certificated Shares are converted into or heldin electronic form and recorded in a sub-register of Amplats Shareholdersmaintained by a CSDP;Amplats Shareholders who hold Dematerialised Shares;Amplats Shares that have been Dematerialised;the directors of Amplats from time to time;a value per share of R528.59, calculated as an amount equal to the MarketValue of an Amplats Ordinary Share as at the date which is two TradingDays immediately preceding the Announcement Date, being an amountequal to R556.41 per share less a discount of 5%;the platinum group metal exploration and mining operations which,as at the Closing Date, are known as “Dishaba”, “Tumela” and“Amandelbult Central Services” (formerly collectively known as“Amandelbult Section”), wholly-owned by RPM;the dividend paid or declared by the Company, including in speciedividends, in respect of an Amplats Ordinary Share;share certificates, certified transfer deeds, balance receipts or any otherDocuments of Title to Certificated Shares, acceptable to Amplats;the tenth anniversary of the Closing Date;earnings per Amplats Ordinary Share;collectively or individually, as the context may require, the First PeriodEquity Trigger, the Second Period Equity Trigger and the Final PeriodEquity Trigger;employee share option plan;6