Entire Annual Report - Anglo American Platinum

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Annexure D (continued)EQUITY COMPENSATION BENEFITS (continued)Terms of the options outstanding at 31 DecemberAllocation 31 December 31 DecemberPrice 2000 1999R Number NumberEXPIRY DATE31 December 2000 — 15 68931 December 2001 32,48 7 360 27 57931 December 2002 29,93 – 35,98 103 262 176 45331 December 2003 35,35 – 42,02 17 008 20 45031 December 2004 55,09 – 67,50 94 670 130 46531 December 2005 29,93 – 61,96 73 271 227 05931 December 2006 44,57 – 71,00 292 963 469 52231 December 2007 60,59 – 81,52 579 565 776 54831 December 2008 62,40 – 91,70 1 374 093 1 591 28431 December 2009 80,80 – 184,00 851 514 889 02231 December 2010 163,00 – 319,20 769 193 —4 162 899 4 324 070Options are exercisable as follows:20% – 2 years after allocation40% – 3 years after allocation60% – 4 years after allocation100% – 5 years after allocationSubject to certain circumstances, which include, inter alia, the retrenchment or death of a participant, each option granted will remainin force for a period of ten years from the date of the granting of such option. Where employees retire, options vest on date ofretirement.181
Anglo American Platinum Corporation Limited(Incorporated in the Republic of South Africa)(Date of incorporation: 13 July 1946)Registration number 1946/022452/06DirectorateExecutive DirectorsBarry Erskine Davison (55)BA WitsManaging DirectorJoined the Group in 1973Appointed a Director 1988During his period of service with Johannesburg ConsolidatedInvestment Company, Limited (Johnnies) from 1973 to 1994,was an Executive Director of that company and held variousdirectorships of Johnnies Group companies. Currently aDirector of Anglo Platinum Group subsidiaries, a Director ofAnglo American Corporation of South Africa (AACSA),Nedcor Investment Bank and Northam Platinum and Vice-President of the Chamber of Mines of SA. Appointed amember of the Executive Committee of Anglo American plcin December 2000.Eric Ford (46) (British)MSc Man. Science (Imperial College, London),BSc (Min Eng) (cum laude) WitsExecutive Director: OperationsJoined the Group in 1999Appointed a Director 1999Occupied various mine management and ConsultingEngineering positions in Anglo Coal from June 1971 until1997. Became President and CEO of Anglo American’s jointventure coal mining operation in Colombia in January1998. Also a Director of Anglo Platinum Group subsidiariesand Northam Platinum.Bheki Eric Ngubane (46)MA (cum laude), Warwick, MSc, LondonJohn Arthur Dreyer (56)Executive Director: Business Development and PlanningJoined the Group in 1998Appointed a Director 1998Practised as an attorney and was Managing Director of ShellSA in charge of minerals. Joined Tavistock Collieries Limitedin 1997 as CEO. Joined Anglo Platinum in 1998. Also aDirector of Anglo Platinum Group subsidiaries.Dorian Theodore Gerald Emmett (49)BSc (Elec Eng) Wits, MBL (cum laude) UnisaChief Operating Officer and Executive Director: CommercialJoined the Group in 1975Appointed a Director 1991Joined Johnnies in 1975 and held various engineeringpositions. Was later appointed Consulting Engineer andTechnical Director of Anglo Platinum. In January 1996, wasappointed Anglo Platinum Executive Director: Commercial.Also a Director of Anglo Platinum Group subsidiaries.Appointed Chief Operating Officer of Anglo Platinum fromExecutive Director: Human ResourcesJoined the Group in 1997Appointed a Director 1998Has occupied various directorships and senior humanresources positions at Appletiser, Corobrik and SAB BeerDivision. Also a Director of Anglo Platinum Groupsubsidiaries and an Alternate Director of Northam Platinum.Roeland Herman Hendrikvan Kerckhoven (48) (Belgian)B.Com, MBL, UnisaExecutive Director: FinanceJoined the Group in 1977Appointed a Director 1994After joining Johnnies in 1977, occupied various JohnniesGroup financial positions. Became Financial Director ofJohnnies – Platinum Division in 1994. Was appointedAnglo Platinum Executive Director: Finance in 1994. Also aDirector of Anglo Platinum Group subsidiaries and aDirector of Northam Platinum.1 March 2001.182
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Global markets for platinumANGLO Am
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Vision and ValuesOUR VISION" to inc
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B E Ngubane" EXECUTIVE DIRECTOR: HU
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L Boyd" CHAIRMANThe above factors,
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Chairman’s Statement" (continued)
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PALLADIUMStill more pronounced than
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E Ford" EXECUTIVE DIRECTOR: OPERATI
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CREATING growth in anexpanding mark
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elationship with JM provides intell
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Platinum supply 2000South Africa 72
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Heavy photochemical smog in Tokyo,
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Fuel cell stackDomestic sales of mo
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PLATINUM JEWELLERYDespite the stron
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Platinum jewellery is firmly establ
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GlassThe increase in demand for per
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● Toyota Motor Corporation and Ge
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Gross palladium demand for the auto
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hodium from autocatalyst scrap, whi
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CREATING businessopportunities47
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Existing operationsEXISTING MINESW
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Business Development Review" (conti
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52Review of Operations
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Review of Operations - Overviews" O
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Review of Operations" Environmental
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Review of Operations" Environmental
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Review of Operations" Breakthrough
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Review of Operations" Technology Di
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Review of Operations" Technology Di
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Glossary of terms: OperationsGlossa
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68Mining Operations
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NORTHERNPROVINCEPPRUSTLEPLATSRPM AM
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The Group produces platinum as a pr
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Review of Operations - Mining" Angl
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ANGLO PLATINUM GROUP COMBINED MINER
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CONSOLIDATED OPERATING PERFORMANCEF
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Review of Operations - Mining" Busi
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PRODUCTION STATISTICS AND EFFICIENC
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D W PelserBUSINESS MANAGER #B H Dav
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Ga-Pila villageNegotiations on the
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Review of Operations - Process" Bus
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R P BuitendagENGINEERINGMANAGER #A
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B G ForbesENGINEERINGMANAGER #G P H
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Corporate" Finance Review . . .Fina
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C o r p o r a t e" Finance Review .
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Corporate" Finance Review (continue
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Corporate" Human Resources Review .
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Share Transactions Totally Electron
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126Annual Financial Statements
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Report of theIndependent AuditorsTO
Page 133 and 134: Directors’ Report" (continued)FIN
Page 135 and 136: Directors’ Report" (continued)Inc
Page 137 and 138: Directors’ Report" (continued)Sha
Page 139 and 140: Statement of Corporate GovernanceGe
Page 141 and 142: Statement of Corporate Governance"
Page 143 and 144: Principal Accounting PoliciesThe fi
Page 145 and 146: Principal Accounting Policies" (con
Page 147 and 148: Principal Accounting Policies" (con
Page 149 and 150: Income Statements" for the year end
Page 151 and 152: Group Statement ofChange in Shareho
Page 153 and 154: United States Dollar EquivalentInco
Page 155 and 156: United States Dollar EquivalentCash
Page 157 and 158: Notes to theFinancial Statements" f
Page 181 and 182: N o t e s to theFinancial Statement
Page 183: N o tes to theFinancial Statements"
Page 187 and 188: Directorate" (continued)Alternate D
Page 189 and 190: Corporate and Divisional OfficeMana
Page 191 and 192: Notice to membersAnnual General Mee
Page 193 and 194: Notice to members" (continued)gener
Page 195 and 196: AcknowledgementsAcknowledgements fo
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