Termination of Tender Offers

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION FOR THE PURPOSES OF ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO, OR TO ANY PERSON RESIDENT AND/OR LOCATED IN, ANY JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION IS UNLAWFUL

March 31, 2017

ANGLO AMERICAN CAPITAL PLC ANNOUNCES TERMINATION OF TENDER OFFERS

Further to its announcement on March 20, 2017 in connection with the Tender Offers for the securities listed below (the "Securities"), Anglo American Capital plc1 (the "Company") has today terminated the Tender Offers.

The Tender Offers were made on the terms and subject to the conditions set out in the tender offer memorandum dated March 20, 2017 (the "Tender Offer Memorandum"). Capitalized terms not otherwise defined in this announcement have the same meaning as assigned to them in the Tender Offer Memorandum.

As at the time of this announcement the New Issue Condition has not been satisfied. The Company does not expect the New Issue Condition to be satisfied on April 3, 2017 (being the date the Company expected to announce the early participation results of the Tender Offers). In accordance with the terms and conditions of the Tender Offers, the Company has taken the decision to terminate the Tender Offers today and consequently will not accept any tenders of Securities for purchase.

Any Securities in respect of which Electronic Offer Instructions have been submitted prior to this announcement will be unblocked in DTC. All Securities previously tendered and not withdrawn will be returned to their respective Holders as soon as possible.

JOINT DEALER MANAGERS

This announcement is released by Anglo American Capital plc and contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the Tender Offers, the Non-U.S. Offers and the New Issue described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by John Mills (Group Company Secretary) at Anglo American Capital plc.

NOTICE AND DISCLAIMER

Subject to applicable law, the Company or any of its affiliates may at any time following cancellation of the Tender Offers purchase or exchange or offer to purchase or exchange remaining outstanding Securities or issue an invitation to submit offers to sell Securities (including, without limitation, those tendered pursuant to the Tender Offers but not accepted for purchase) through open market purchases, privately negotiated transactions, tender offers, exchange offers or otherwise, in each case on terms that may be more or less favorable than those contemplated by the Tender Offers.