KUMBA IRON ORE LIMITED - Kumba Iron Ore Limited proposes appointment of PwC as external auditor from 2020

Kumba Iron Ore Limited proposes appointment of PwC as external auditor from 2020

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")

Kumba Iron Ore Limited proposes appointment of PwC as external auditor from 2020

Kumba today announces that, following the conclusion of a formal tender process, the Audit Committee has
recommended and the Board has approved the proposed appointment of PricewaterhouseCoopers LLP ("PwC")
as its external auditor. The appointment will take effect from, and including, the year ending 31 December 2020,
and will be recommended to shareholders for approval at the Company's Annual General Meeting in 2020.

Deloitte will continue to audit Kumba's accounts in respect of the financial year ending 31 December 2019. On
conclusion of the 2020 Annual General Meeting, Deloitte will stand down, and PwC will be appointed as Kumba's
external auditor.

There are no matters in connection with Deloitte's prospective retirement as external auditor which need to be
brought to the attention of shareholders. In accordance with the relevant legislative requirements in South Africa,
the Board will receive from Deloitte, upon their retirement as external auditor, notification of any matters that need
to be brought to the attention of creditors or shareholders of Kumba.

Centurion
2 May 2019

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

Company Secretary
Ms Celeste Appollis
celeste.appollis@angloamerican.com
Tel: +27 683 7063
Mobile: +27 82 941 7535

Investors                                                Media
Penny Himlok                                             Sinah Phochana
penny.himlok@angloamerican.com                           sinah.phochana@angloamerican.com
Tel: +27 12 622 8324                                     Tel: +27 12 683 7019
Mobile: +27 82 781 1888                                  Mobile: +27 76 066 0655

Notes to editors:

Anglo American is a leading global mining company and our products are the essential ingredients in almost
every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped
resources provides the metals and minerals that enable a cleaner, more electrified world and that meet the fast
growing consumer-driven demands of the world's developed and maturing economies. With our people at the
heart of our business, we use innovative practices and the latest technologies to discover new resources and
mine, process, move and market our products to our customers around the world - safely, responsibly and
sustainably.

As a responsible miner - of diamonds (through De Beers), copper, platinum group metals, iron ore, coal and nickel
- we are the custodians of what are precious natural resources. We work together with our business partners and
diverse stakeholders to unlock the sustainable value that those resources represent for our shareholders, the
communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining
to improve people's lives.
www.angloamerican.com

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