Joint announcement by African Rainbow Minerals Limited and Anglo Platinum Limited

Johannesburg, 19 January 2011 – African Rainbow Minerals Limited and Anglo Platinum Limited, joint venture partners and owners of The Modikwa Platinum Joint Venture, wish to clarify their position around the Modikwa Deeps properties. The Modikwa Deeps properties consist of nine properties located down dip to the existing Modikwa Joint Venture operation.

Following recent reports in the media, the Modikwa Joint Venture states that no agreement has been reached in the past or present with any party in relation to any matter concerning the Modikwa Deeps properties.

For more information please contact:

Stompie Shiels
Executive Director: Business Development
African Rainbow Minerals Limited
Tel: +27 (0) 11 779 1476
Fax: +27 (0) 11 779 1312
Mobile: +27 (0)82 412 1004
E-mail: stompie.shiels@arm.co.za

Thabisile Phumo
Snr Manager: Corporate Communications
Anglo Platinum Limited
Tel: +27 (0) 11 373 6846
Fax: +27 (0) 11 373 5846
Mobile: +27 (0)83 455 8106
E-mail: tphumo@angloplat.com

Issued by sponsor: Deutsche Securities (SA) (Proprietary) Limited
On behalf of African Rainbow Minerals Limited

Sponsor to Anglo Platinum Limited
RAND MERCHANT BANK (A division of FirstRand Limited)