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In the United Kingdom:Anglo American Platinum Corporation Limitedc/o Capita RegistrarsThe Registry34 Beckenham RoadBeckenhamKent, BR3 4TUso as to reach the UK transfer secretaries by no later than 14:30 (South African time) on Friday,28 May 2004.Holders of dematerialised shares must instruct their CSDP or broker as to the action they must taketo enable the CSDP or broker to act timeously on their behalf in terms of the agreement enteredinto between the dematerialised shareholder and the CSDP or broker. Payment will be on a deliveryversus payment basis.4.11 Excess applicationsAll preference shares not taken up in terms of the rights offer will be available for allocation to rightsparticipants who wish to apply for a greater amount of preference shares than those allocated tothem in terms of the rights offer. Accordingly, in addition to the preference shares allocated in termsof the rights offer, rights participants may also apply for an unlimited amount of additionalpreference shares on the same terms as those applicable to their rights offer entitlements.Applications for additional preference shares by holders of certificated shares may only be madeby completing blocks (7), (8) and (9) (yellow) of the form of instruction.Holders of dematerialised shares wishing to apply for additional preference shares must instructtheir CSDP or broker as to the number of additional preference shares for which they wish to apply.The pool of preference shares available to meet excess applications will be dealt with as setout below:4.11.1 if all the preference shares are taken up in the rights offer, no additional preference shareswill be made available for allocation to applicants; or4.11.2 if the preference shares taken up in the rights offer and the excess applications togetherare less than or equal to 100% of the number of preference shares available, the Companywill accept all applications for additional preference shares in full; or4.11.3 if the preference shares taken up in the rights offer and the excess applications togetherexceed 100% of the amount of preference shares available, the directors of the Companyreserve the right to apportion the excess applications in such equitable manner as theymay, in their sole and absolute discretion, but with due regard to the JSE ListingsRequirements, determine.The right to apply for excess preference shares is transferable upon renunciation.An announcement will be published on SENS on Monday, 31 May 2004 and in the press onTuesday, 1 June 2004 stating the results of the rights offer and the basis of allocation of anyadditional preference shares applied for. Cheques refunding monies to holders of certificatedshares, in respect of unsuccessful applications for additional preference shares, will be posted tosuch applicants, at their risk, on or about Monday, 31 May 2004. No interest will be paid on moniesreceived in respect of unsuccessful applications. Refunds in respect of unsuccessful applicationssubmitted to CSDPs or brokers on behalf of their clients will be sent to the relevant CSDP or brokerin order for such CSDP or broker to refund their clients.4.12 Exchange Control Regulations of the RSAThe following summary is intended as a guide only and is, therefore, not comprehensive. If ashareholder or his renouncee is in any doubt in regard hereto, he should consult his professionaladviser.20
4.12.1 In terms of the Exchange Control Regulations of South Africa, non-residents, excludingformer residents of the Common Monetary Area will be allowed to:– take up rights allocated in terms of the rights offer;– purchase letters of allocation on the JSE;– subscribe for the preference shares arising from letters of allocation purchased on theJSE;– purchase excess preference shares which have been applied for in terms of the rightsoffer,provided payment is received either through normal banking channels from abroad or froma non-resident account.All applications by non-residents for the above purposes must be made through anauthorised dealer in foreign exchange. Any certificates that might be issued pursuant tosuch applications will be endorsed “non-resident”.4.12.2 Where a right in terms of the rights offer falls due to a former resident of the CommonMonetary Area, which right is based on shares blocked in terms of the Exchange ControlRulings, then only blocked funds may be used to take up these rights, and may beused to:– purchase excess preference shares which have been applied for in terms of the offer;– purchase letters of allocation on the JSE;– subscribe for the new preference shares arising in respect of the letters of allocation;– purchase preference shares on the JSE.All applications by emigrants using blocked Rand for the above purposes must be madethrough the South African authorised dealer controlling their blocked assets. Sharecertificates issued pursuant to blocked Rand transactions must be endorsed “nonresident”and placed under the control of the South African authorised dealer throughwhom the payment was made. The sale proceeds of letters of allocation, if applicable, willbe returned to the South African authorised dealer in foreign exchange for credit to suchemigrant’s blocked accounts.In addition, emigrant blocked funds may also be used to:– purchase letters of allocation on the JSE;– subscribe for the preference shares arising from letters of allocation purchased onthe JSE;– purchase excess preference shares, which have been applied for in terms of the rightsoffer.4.12.3 Applications by emigrants using emigrant blocked funds for the above purposes must bemade through the authorised dealer in foreign exchange controlling their blocked assets.Any certificates that might be issued to such emigrants will be endorsed “non-resident”and placed under the control of the authorised dealer in foreign exchange through whomthe payments were made. The sale proceeds of letters of allocation, if applicable, will bereturned to the authorised dealer in foreign exchange for credit to such emigrants’ blockedaccounts.Holders of dematerialised shares will have all aspects relating to Exchange Controlmanaged by their CSDP or broker, as the case may be.4.13 Additional provisions applicable to shareholders or renouncees outside RSA4.13.1 GeneralThe offer of letters of allocation and preference shares to persons resident in, or who arenationals or citizens of, countries other than South Africa may be affected by the laws ofthe relevant jurisdiction. Those persons should consult their professional advisers as towhether they require any governmental or other consents or need to observe any otherformalities to enable them to take up their rights.21
Page 3 and 4: - will receive their preference sha
Page 5 and 6: DEFINITIONSIn this circular, unless
Page 7 and 8: “preference shares”“prime rat
Page 9 and 10: SALIENT FEATURESThis summary contai
Page 11 and 12: Conversion Date:Preference sharehol
Page 13 and 14: SALIENT DATES AND TIMESLast day to
Page 15 and 16: 2. STRATEGY AND PURPOSE OF THE RIGH
Page 17 and 18: 4. PARTICULARS OF THE RIGHTS OFFER4
Page 19: 4.9 Sale or renunciationHolders of
Page 23 and 24: Persons located in the United Kingd
Page 25 and 26: Audited Pro formaBefore the After t
Page 27 and 28: 8.5 Variation of rightsIn accordanc
Page 29 and 30: 8.8.3.2 Modikwa Platinum MineThis m
Page 31 and 32: 9. DIRECTORS9.1 Personal particular
Page 33 and 34: 9.2 Directors’ remuneration and s
Page 35 and 36: - copies of the underwriting agreem
Page 37 and 38: 144.1.18 “Ordinary Share(s)” me
Page 39 and 40: 144.15 The Company shall be obliged
Page 41 and 42: 5 (five)-day period the Ordinary Sh
Page 43 and 44: 2.5.1.3 specifying the Conversion D
Page 45 and 46: 2.6.5 Rights Issues of other securi
Page 47 and 48: BCis the number of Ordinary Shares
Page 49 and 50: 2.6.12 General:Independently Determ
Page 51 and 52: to the surrender of the relevant sh
Page 53 and 54: TABLE BThe table below provides an
Page 55 and 56: UNDERWRITERNameThe Standard Bank of
Page 57 and 58: CONSOLIDATED PRO FORMA BALANCE SHEE
Page 59 and 60: OPINIONBased on our review, nothing
Page 61 and 62: SEGMENTAL INFORMATION for the year
Page 63 and 64: SEGMENTAL INFORMATION (continued)Pu
Page 65 and 66: GROUP STATEMENT OF CHANGES IN EQUIT
Page 67 and 68: NOTES TO THE CONSOLIDATED FINANCIAL
Page 69 and 70: 2003 2002RmRm7. PROFIT BEFORE TAXAT
Page 71 and 72:
2003 2002RmRm11. PROPERTY, PLANT AN
Page 73 and 74:
Listed investment: Northam Platinum
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20. SHARE CAPITAL2002 2003 2003 200
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2003 2002RmRm23. EMPLOYEE BENEFITSE
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Post-retirement medical aid benefit
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2003 2002RmRm26. ACCOUNTS PAYABLETr
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2003 2002RmRm32. COMMITMENTSMining
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2002Nominal amount of forward excha
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Major shareholdersAccording to the
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ANNEXURE B - Non-mining property, p
Page 91 and 92:
ANNEXURE D - Investments in subsidi
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APPENDIX 8CORPORATE GOVERNANCE AND
Page 95 and 96:
The Board is responsible for settin
Page 97 and 98:
APPENDIX 9PRICE HISTORY OF THE COMP
Page 100:
100 PRINTED BY INCE (PTY) LTD
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