RNS Number:8844N
Anglo American Platinum Corp Ld
24 July 2003


Anglo American Platinum Corporation Limited

("Anglo Platinum")

Incorporated in the Republic of South Africa

(Registration number 1946/022452/06)





JOINT ANNOUNCEMENT - BOOYSENDAL JOINT VENTURE



Anglo American Platinum Corporation Limited ("Anglo Platinum") and Khumama
Platinum (Proprietary) Limited ("Khumama Platinum") wish to announce that they
have agreed in principle to establish a 50:50 joint venture to develop the
Booysendal platinum project on the Eastern Limb of the Bushveld Complex.


In terms of an agreement reached with the Department of Minerals and Energy
("the Department"), Khumama Platinum, which will be granted the mining rights in
respect of the Johannesburg and Sheeprun farms on the Eastern Limb of the
Bushveld Complex, will be Anglo Platinum's Black Economic Empowerment partner in
the Booysendal project.


Khumama Platinum is chaired by Ms Nomazizi Mtshotshisa and consists of three
broad-based empowerment consortia which are led by Ms Nomazizi Mtshotshisa, Dr
Paseka Ncholo and Mr Robinson Ramaite.


The conclusion of the joint venture agreement will be subject to certain
conditions including the obtaining of the necessary regulatory, statutory
consents and authorisations and Board approvals.


For further information, please contact



Mike Mtakati                                           Dr Paseka Ncholo
(Anglo Platinum)                                       Khumama Platinum    
(011) 373-6865                                         (011) 465-6900
083 455 7887


24 July 2003








                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
JVENKNKKPBKDAOB