Anglo American South Africa agrees settlement of stand-alone silicosis claims

Anglo American South Africa ("AASA") announces that it has concluded an agreement which resolves fully and finally 23 stand-alone silicosis claims, instituted against it between 2004 and 2009. The settlement has been reached without admission of liability by AASA and the terms of the agreement remain confidential.

Khanyisile Kweyama, Executive Director of Anglo American South Africa, said: "AASA believes that agreeing to settle this long-standing litigation is in the best interests of the plaintiffs, their families, AASA and its wider stakeholders. We continue to work with industry, government and civil society to tackle the many challenges of primary health care in South Africa.

Our collective objective is to significantly improve the access and quality of care available to all South Africans as well as ensuring a healthy and safe working environment for all our employees."

AASA is just one of a number of companies facing class action litigation in the High Court involving some thousands of former mine workers. This litigation is separate to that brought by the claimants in today's settlement. AASA denies any liability and will continue to defend the class action proceedings.

Statement issued by Anglo American South Africa through the JSE SENS Service, September 25 2013

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