Provisional results for the financial year ended 30 June 2009

The future looks bright

31 August 2009

?ARM is financially robust and continues to invest significant funds to grow the company despite the massive global economic crisis,? Patrice Motsepe, Executive Chairman.

Salient features of the annual results

• Headline earnings decrease 42% from R4.0 billion to R2.3 billion, impacted by the global economic recession
• Headline earnings per share of 1 094 (F2008: 1906) cents
• Profit from operations before exceptional items decreases 44% from R 6.7 billion to R 3.7 billion
• Record sales volumes for iron ore and PGMs
• Cash balances increase by R0.9 billion to R3.5 billion; net debt reduces to R231 million from R1.3 billion
• ARM corporate loan of R967 million refinanced; new facility increased to R1.75 billion and extended for three years
• Khumani 10 mtpa mine completed on time and within budget; a further 6 mtpa expansion approved
• Goedgevonden and Nkomati expansion projects commence commissioning
• TEAL?s shareholding restructured as ARM forms 50:50 joint venture with Vale
• The declaration of a dividend of 175 cps (F2008: 400 cps)

For the comprehensive set of results please visit our website at www.arm.co.za

The results will be release on SENS at 07:00 am and will simultaneously be disclosed on the company?s website www.arm.co.za

Live webcast                                      11:00 am at www.arm.co.za

To participate in the conference call, please dial the following numbers:

Ask for the African Rainbow Minerals conference.

To listen to a playback of the call please dial:

For more information please contact:

Ursula Anyamene

Tel:      +27 (0) 11 779 1466

E-mail: ursula.anyamene@arm.co.za