Anglo enter binding agreement on Lafarge Tarmac sale

Anglo American reach binding agreement on sale of 50% interest in Lafarge Tarmac to Lafarge SA

FURTHER to the announcement on 7 July 2014, Anglo American plc have reached a binding agreement to sell their 50% ownership interest in the Lafarge Tarmac Holdings Ltd joint venture to Lafarge SA for a minimum value of £885 million (approximately US$1.5 billion) in cash, on a debt- and cash-free basis, and subject to other customary working capital adjustments.

The terms and conditions of the agreement are consistent with those announced on 7 July 2014.