OREANDA-NEWS. Anglo American Platinum Limited ("the Company") will release results for the twelve months ended 31 December 2014 ("the period") on the Johannesburg Stock Exchange News Service ("SENS") on 9 February 2015.

Following on from the Company's trading statement dated 1 December 2014, shareholders are further advised that headline earnings and headline earnings per share ("HEPS") for the period are likely to decrease to be between R650 million and R875 million and 250 cents and 335 cents per share respectively (or decrease between 55% and 40%). This compares to headline earnings and HEPS of R1,451 million and 556 cents per share respectively reported for the 12 months ended 31 December 2013, as released on SENS on 3 February 2014 ("the comparative period"). The decrease in headline earnings and HEPS is primarily due to the impact of the five month industrial action which impacted on operational performance.

Basic earnings and basic earnings per share ("EPS") for the period however, are likely to increase to be between R495 million and R705 million and 190 cents and 270 cents per share respectively. Basic earnings and EPS reported for the comparative period for the twelve months ended 31 December 2013 were a loss of R1,370 million and 525 cents per share respectively (or increase between 136% and 151%).

Basic earnings for the period include a gain of R243 million (equivalent to 93 cents per share) arising on the final phase of the refinancing transaction with Atlatsa Resources Corporation, an impairment of an investment in an unlisted associate of R168 million (equivalent to 64 cents per share) and the scrapping of assets of R294 million, after tax and minority interest, (equivalent to 113 cents per share) following the closure of the loss-making Union Mine south decline section. Basic earnings reported for the 12 months ended 31 December 2013 included the scrapping of assets of R2,026 million, after tax, (equivalent to 776 cents per share) and R833 million loss (equivalent to 319 cents per share) arising from the acquisition of properties as part of the refinancing transaction with Atlatsa Resources Corporation.

The forecast financial information on which this trading statement is based has not been reviewed by or reported on by the Company's external auditors.