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8.5 Variation of rightsIn accordance with the Company’s Articles of Association, any variation of rights attaching to theordinary shares and preference shares requires the consent of the shareholders by way of specialresolution in general meeting and also in separate class meetings.8.6 Voting rightsIn accordance with the Company’s Articles of Association, at any general meeting, every memberpresent in person or by proxy (or, if a body corporate, duly represented by an authorisedrepresentative) shall have one vote on a show of hands and, on a poll, every member present inperson or by proxy, shall have one vote for each ordinary share of which he is a holder. Whereholders of the preference shares are present and entitled to vote upon a poll, a holder of preferenceshares shall be entitled to that proportion of the total votes in the Company which the aggregateamount of the par value of the preference shares held by it bears to the aggregate amount of thepar value of all shares issued by the Company at the relevant time.8.7 Corporate governanceThe Group is committed to the principles of openness, integrity and accountability advocated inthe King II Report on Corporate Governance, further details of which are set out in Appendix 8 tothis circular.8.8 Operations8.8.1 Current operationsCurrent steady-state operations include Rustenburg Section, Amandelbult Section andUnion Section, all of which are divisions of RPM, as well as LPM. All these operations areunderground mining operations. In addition, current operations include PPL, which is anopencast mining operation.The table below provides details of Anglo Platinum’s reserves and resources in respectof current operations (excluding ramp-up operations and mining projects) at31 December 2003.Merensky reef UG2 reef UG2 reef opencast PlatreefPlatinumReserves Reserves Reserves Reserves ouncesand Grade and Grade and Grade and Grade producedResources g/t 4E Resources g/t 4E Resources g/t 4E Resources g/t 4E in 2003Mt Mt Mt Mt (‘000)Rustenburg Reserves proved 19.3 5.56 26.9 4.22Section Reserves probable 14.3 5.55 115.7 4.10Reserves total 33.6 5.56 142.6 4.12Resources total 111.6 6.28 305.4 4.76 802.2Amandebult Reserves proved 22.9 6.42 82.1 4.61 1.4 6.00Section Reserves probable 90.0 6.59 249.5 4.65Reserves total 112.9 6.56 331.5 4.64 1.4 6.00Resources total 113.0 7.83 259.9 4.78 634.6Union Reserves proved 4.9 6.75 13.1 4.01Section Reserves probable 15.1 6.64 34.1 3.90Reserves total 20.0 6.67 47.1 3.93Resources total 31.7 8.16 159.4 4.63 313.2PPL Reserves proved 4.0 3.03Reserves probable 311.1 2.65Reserves total 315.2 2.66Resources total 504.4 2.37 188.9LPM Reserves proved 16.5 4.51 15.0 4.80Reserves probable 11.5 4.39 7.3 5.21Reserves total 28.1 4.46 22.3 4.93Resources total 168.4 5.31 333.8 6.24 105.1Notes:Resources include inferred, measured and indicated resources.Mineral resources are in addition to reserves.The Rustenburg Section production includes production from the UG2 project.Reserves and resources have been calculated in accordance with the South African Mineral Resources Committee code. Readersare referred to the 2003 Annual Report for more detail on the reserves and resources of Anglo Platinum.27