Provisional results for the year ended 30 June 2018

7 September 2018

The ARM Board of Directors (the Board) announces headline earnings of R4 814 million for F2018 (F2017: R3 196 million) which include a net fair value gain of R977 million as a result of the ARM Coal debt restructure. Excluding this fair value gain, headline earnings are 20% higher driven mainly by improved headline earnings from the manganese division, Modikwa Mine and the PCB operations