Company Profile For Anglo American PLC

Anglo American plc is a mining and natural resource company. With its subsidiaries, joint ventures and associates, it is a global player in platinum group metals and diamonds, with interests in coal, base and ferrous metals, as well as an industrial minerals business and a stake in AngloGold Ashanti Limited. The Company is geographically diverse with operations in Africa, Europe, South and North America, Australia and Asia. On August 5, 2008, the Company acquired a 63.3% shareholding in Anglo Ferrous Brazil SA, which holds a 51% interest in the Minas-Rio iron ore project (Minas-Rio) and a 70% interest in the Amapa iron ore system (Amapa). Anglo American acquired an effective 69.2% interest in the Amapa project during 2008. On January 26, 2008 the Company acquired the remaining 50% shareholding in United Marine Holdings. In March 2009, the Company sold its remaining 11.3% stake in AngloGold Ashanti Limited to investment funds managed by Paulson & Co Inc.

BRIEF: For the six months ended 30 June 2009, Anglo American plc's revenue decreased 36% to $9.29B. Net income from continuing operations decreased 31% to $2.97B. Revenues reflect a decrease in income from Base Metals and Ferrous Metals. Net income was partially offset by a decrease in operating expenses, higher income from disposal, higher interest income, a decrease in other finance costs and an improved operating margins.