26 July 2013

Anglo American announces changes to senior management team

Anglo American plc ("Anglo American" or "the Group") announces a number of senior management changes to manage the Group's businesses more effectively and to align the organisation and management team with Anglo American's strategic priorities to drive greater, sustainable value.

Anglo American's ten current business units will be consolidated into six groups:

Kumba Iron Ore (incl. manganese)

- Norman Mbazima

Iron Ore Brazil

- Paulo Castellari

Coal (metallurgical and thermal)

- Seamus French

Base (copper, nickel, niobium, phosphates)

- Duncan Wanblad

Platinum

- Chris Griffith

De Beers

- Philippe Mellier

The consolidation of the metallurgical and thermal coal businesses will take effect from January 2014.

Tony O'Neill has been appointed Group Director - Technical, with responsibility for mining and technology, business performance, asset optimisation, projects and SHE (safety, health and environment). Mr O'Neill brings 35 years of mining experience across a wide range of commodities, including precious metals, iron ore and base metals, most recently serving as Joint Acting CEO and EVP - Business and Technical Development at AngloGold Ashanti. Mr O'Neill's appointment is effective from 1 September 2013.

The appointment of Tony O'Neill follows the decisions to retire of Brian Beamish (Group Director - Mining and Technology) and David Weston (Group Director - Business Performance and Projects). Responsibility for Anglo American's Commercial activities, currently managed by David Weston, will be assumed by Peter Whitcutt (Group Director - Strategy and Business Development). René Médori (Finance Director), Mervyn Walker (Group Director - HR and Corporate Affairs) and Khanyisile Kweyama (Executive Director - Anglo American South Africa) will continue in their current roles.

Mark Cutifani, Chief Executive of Anglo American, said: "We have announced a number of management changes for Anglo American to create a more efficient and agile organisation and provide clearer accountability across the senior team. These decisive changes will enable us to drive through the necessary step change in operational performance and align our organisation tightly to our strategic objectives. We have organised our ten current businesses into six natural groups, ensuring that we more effectively harness the operational and commercial benefits of Anglo American's scale and diversification.

"I am delighted to welcome Tony O'Neill to the team. Tony brings 35 years of operational and business expertise gained across a wide range of commodities, with a strong track record in managing complex, technically challenging mining operations. I expect Tony to strengthen our technical and operational capabilities as we focus Anglo American on delivering a step change in operational performance and project execution to drive value and enhanced returns to shareholders.

"I would like to thank Brian Beamish and David Weston for their considerable contributions to Anglo American over many years. Brian's technical and operational expertise and David's widespread commercial business experience have given us strong foundations from which to build Anglo American's future."

Notes to editors:

Anglo American Group Management Committee:

Mark Cutifani

Chief Executive

René Médori

Finance Director

Tony O'Neill

Group Director - Technical

Mervyn Walker

Group Director - HR and Corporate Affairs

Peter Whitcutt

Group Director - Strategy, Business Development and Commercial

Paulo Castellari

CEO - Iron Ore Brazil

Seamus French

CEO - Coal

Chris Griffith

CEO - Platinum

Khanyisile Kweyama

Executive Director - South Africa

Norman Mbazima

CEO - Kumba Iron Ore (incl. manganese)

Philippe Mellier

CEO - De Beers

Duncan Wanblad

CEO - Base Metals

Biographical details:

Tony O'Neill, age 55, joined AngloGold Ashanti in July 2008 as Executive Vice President - Business and Technical Development and served as Joint Acting CEO in 2013. He is a mining engineer with an MBA from the University of Melbourne. His 35-year career in the mining industry has spanned iron ore, copper, nickel and gold and includes his roles as Operations Executive at Newcrest Mining and as the head of the gold business at Western Mining Corporation. Tony is a recognised technical and operational expert in the mining industry. He has led the delivery of significant turnarounds in large, complex and geographically diverse mining businesses, capitalising on his deep understanding of the resources sector, its inputs, and conditions for success.

For further information, please contact:

Media

Investors

UK

James Wyatt-Tilby

Tel: +44 (0)20 7968 8759

UK

Leng Lau

Tel: +44 (0)20 7968 8540

Emily Blyth

Tel: +44 (0)20 7968 8481

Caroline Crampton

Tel: +44 (0)20 7968 2192

South Africa

Pranill Ramchander

Tel: +27 (0)11 638 2592

Sarah McNally

Tel: +44 (0)20 7968 8747

Anglo American is one of the world's largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Our portfolio of mining businesses meets our customers' changing needs and spans bulk commodities - iron ore and manganese, metallurgical coal and thermal coal; base metals - copper, nickel, niobium and phosphates; and precious metals and minerals - in which we are a global leader in both platinum and diamonds.  Anglo American is committed to creating sustainable value that makes a real difference to our investors, our partners and our employees, while upholding the highest standards of safety and responsibility across all our businesses and geographies. The company's mining operations, pipeline of growth projects and exploration activities span southern Africa, South America, Australia, North America, Asia and Europe.

www.angloamerican.com


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