INTERIM RESULTS SIX MONTHS ENDED 30 JUNE 2011 29 July 2011 - PowerPoint PPT Presentation

INTERIM RESULTS SIX MONTHS ENDED 30 JUNE 2011 29 July 2011

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A CONSISTENT STRATEGY AND SIMPLIFIED ORGANISATION DELIVERING RESULTS Improving productivity performance (3) Well diversified portfolio (1) Diamonds Iron Ore 150 & Manganese Copper 11% 140 26% 130 Kumba Platinum 120 23% Met Coal 110 11% Platinum 100 Met Coal 2% Nickel 90 11% 16% 80 Thermal Coal Copper 2008 2009 2010 Q1 Q2 11 11 Structurally attractive commodities (2) Delivering commodity positions in lower half of cost curves (4) China’s share of global consumption 2010 (%) 0% 20% 40% 60% 80% 100% Met Coal 62% 2008 Export Iron Ore Iron Ore 54% 2011 Steel 41% Export Hard 2008 Coking Coal 2011 Copper 38% 2008 Copper Nickel 33% 2011 Platinum 25% Nickel (5) 2011 Palladium 21% 2009 Thermal Coal Platinum 11% 2011 Imports (1) Core revenue split (2) Source: AME, Brook Hunt - a Wood Mackenzie company, Johnson Matthey. Thermal Coal represents share of internationally traded market, nickel and 3 copper represent share of world mined production (3) Productivity based on material moved, mined or processed per operational headcount, excluding projects. Kumba refers to Sishen only (4) Source: AME, Brook Hunt - a Wood Mackenzie company, Anglo American Platinum. Represents % of attributable production in lower half of the cost curve (5) In 2008 all Nickel operations in H2

HIGHLIGHTS Operating Profit ($bn) • Group operating profit of $6.0bn, up 38% • Operating profit increased across 7 6.0 5.4 all core business units 6 4.4 5 • Underlying earnings of $3.1bn and underlying EPS 4 2.9 $2.58, representing a 40% increase 3 2.1 2 • Solid foundation built over the last three years 1 captures the maximum benefit of higher commodity 0 prices prices H1 09 H2 09 H1 10 H2 10 H1 11 • $1.3 billion of benefit from Asset Optimisation and Underlying EPS ($) Supply Chain, having already exceeded $2 billion target in 2010 3 2.58 2.29 • Successful delivery of Barro Alto; the start of near-term 1.84 growth. All approved projects continue to progress well 2 with $66bn of unapproved projects providing growth 1.23 0.91 optionality 1 • 3 projects approved so far in 2011 0 • Replenishment of resources in tier one deposits will H1 09 H2 09 H1 10 H2 10 H1 11 underpin future growth • Interim dividend of $0.28 per share, up 12% 4

SAFETY PERFORMANCE Fatalities • Ten employees have lost their lives in work-related incidents – 8 fatal accidents in Platinum 50 • 93% of operations operated without any loss of life Number of fatal injuries 40 40 30 • Individual operations continue to achieve 28 exceptional performance: 20 20 – Kolomela project 14 million LTI free hours 15 10 10 – Modikwa mine 8 million fatality free shifts, – Modikwa mine 8 million fatality free shifts, 0 N 2007 2008 2009 2010 2011 YTD a South African industry record LTI – New Vaal Colliery achieved 6,000 fatality free production shifts 3,000 • Copper, Nickel, Kumba and Metallurgical Coal were 2,500 2,521 fatality free Lost-time injuries 2,000 2,013 • Overall safety performance continues to show 1,500 1,491 improvements in key areas - total recordable case 1,000 frequency rate has shown an 18% year-on-year fall 1,060 and severity rate has also declined 500 602 - 2007 2008 2009 2010 2011 YTD 5

SIGNIFICANT IMPROVEMENT AFTER WEATHER AND UNCONTROLLABLE EVENTS IMPACT Q1 PRODUCTION Met Coal (1) (Mt) Platinum (2) (koz) Sishen Iron Ore (Mt) Copper (kt) +4% +77% +8% +18% 10.1 3.6 150 593 568 139 8.5 2.1 Q1 11 Q2 11 Q1 11 Q2 11 Q1 11 Q2 11 Q1 11 Q2 11 • Q2 JIG run-rate • Targeted recovery • Fewer safety • Recovery of above design action for hard coking stoppages production levels at coal • Ramp up of Unki capacity Collahuasi after • DMS Q2 up 15% on • LW100 benefits and improved heavy rainfall in Q1 starting to be realised grades at Q1 Mogalakwena 6 (1) Export metallurgical coal (2) Equivalent refined platinum production

INPUT COSTS UP MARKEDLY VS H1 2010 Key input commodities indexed to 100 at Q1 2002 Commodity rices H1 2011 vs. H1 2010 1,000 +65% Rubber 900 Rubber 800 Sulphuric 700 +60% +60% Acid Acid 600 500 Crude Oil Oil +27% 400 Ammonia Sulphuric Acid 300 Steel Steel +22% 200 100 Ammonia +20% 0 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 7 Source: IHS Global Insight