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		Remuneration Report DIRECTORS' REMUNERATION The table below provides an analysis of the emoluments paid to executive and non-executive directors of the Company in 2007.  2007 emoluments Names of directors Salary and benefits Retirement benefits Bonuses Directors’ fees Committees Subtotal Gain on share options exercised Total emoluments Executive directors Mike Halhead (retired 9 October 2007) 1,750,852 172,393 1,207,462 — — 3,130,707 11,139,742 14,270,449 Ralph Havenstein (resigned 31 August 2007) 7 3,732,428 457,814 7,814,503 — — 12,004,745 25,372,886 37,377,631 Norman Mbazima 3,289,325 475,786 1,638,591 — — 5,403,702 — 5,403,702 Robin Mills (retired 30 September 2007) 2,342,927 595,096 1,884,102 — — 4,822,125 5,687,654 10,509,779 Abe Thebyane (resigned 9 October 2007) 1,564,731 233,459 1,088,342 — — 2,886,532 8,791,148 11,677,680 Roeland van Kerckhoven (retired 31 March 2007) 7 1,144,578 111,586 11,452,588 — — 12,708,752 3,936,840 16,645,592 Duncan Wanblad 2,494,451 352,520 1,285,075 — — 4,132,046 6,320,530 10,452,576 Sandy Wood (resigned 9 October 2007) 1,707,499 256,276 1,209,452 — — 3,173,227 7,412,646 10,585,873 Alternate directors Richard Pilkington (resigned 23 February 2007) 259,525 35,536 — — — 295,061 — 295,061 Chris Sheppard (resigned 30 September 2007) 1,560,093 193,260 1,015,512 — — 2,768,865 4,248,168 7,017,033 Non-executive directors Dave Barber (resigned 31 March 2007) 1, 2, 6   32,500 30,000 62,500 62,500 Philip Baum 2, 6 130,000 50,000 180,000 180,000 Colin Brayshaw (retired 31 March 2007) 1, 2, 3, 4   32,500 65,000 97,500 97,500 Cynthia Carroll (appointed 31 March 2007) 3, 6   97,500 25,000 122,500 122,500 Richard Dunne 1, 2, 3, 4 130,000 225,000 355,000 355,000 David Hathorn (resigned 14 February 2007) 6   15,888 15,888 15,888 Bongani Khumalo 1, 2, 5 130,000 105,833 235,833 235,833 Russell John King (appointed 27 July 2007) 4, 6   55,815 23,614 79,429 79,429 René Médori (appointed 31 March 2007) 6   97,500 97,500 97,500 Bill Nairn (retired 27 July 2007) 2, 5 74,185 77,038 151,223 151,223 Hixonia Nyasulu (resigned 2 November 2007) 2   109,068 41,984 151,052 151,052 Fred Phaswana 2, 3, 4 750,000 750,000 750,000 Tony Redman 2, 5, 6 130,000 100,000 230,000 230,000 Tony Trahar (retired 31 March 2007) 2, 3, 4, 6   32,500 38,750 71,250 71,250 Tom Wixley 1, 2, 3, 4       215,000 300,000 515,000   515,000 Alternate director John Williams (resigned 25 May 2007) 1, 6   28,077 28,077 28,077 Total 19,846,409 2,883,726 28,595,627 2,032,456 1,110,296 54,468,514 72,909,614 127,378,128 Salary and benefits include cash, medical aid, car scheme, personal computer scheme and entertainment allowances Retirement benefits include provident fund, pension fund, flexi-pension and deferred compensation 1. Audit Committee member 2. Corporate Governance Committee member 3. Nomination Committee member 4. Remuneration Committee member 5. Safety & Sustainable Development Committee member 6. Directors’ fees ceded to Anglo Operations Limited (AOL), a wholly owned subsidiary of Anglo American plc 7. Included in “Bonuses” are cash components of packages   The table below provides an analysis of the emoluments paid to executive and non-executive directors of the Company in 2006. 2006 emoluments Names of directors Salary and benefits Retirement benefits Bonuses Directors’ fees Committees Subtotal Gain on share options exercised Total emoluments Executive directors Mike Halhead 2,065,429 208,279 552,085 2,825,793 2,137,067 4,962,860 Ralph Havenstein 5 3,892,658 921,082 2,198,562 7,012,302 14,794,471 21,806,773 Norman Mbazima (Appointed 1 June 2006) 1,898,290 291,924 2,190,214 2,190,214 Robin Mills5 2,861,767 725,194 737,130 4,324,091 4,324,091 Abe Thebyane5 1,882,739 286,507 429,151 2,598,397 2,598,397 Roeland van Kerckhoven 2,646,959 415,978 615,880 3,678,817 6,565,914 10,244,731 Duncan Wanblad5 2,132,056 318,023 542,823 2,992,902 2,992,902 Sandy Wood 2,055,638 313,949 496,074     2,865,661 932,530 3,798,191 Alternate directors Richard Pilkington 1,496,903 214,421 343,551 2,054,875 2,054,875 Chris Sheppard 1,887,243 171,768 410,636     2,469,647 5,333,642 7,803,289 Non-executive directors Dave Barber 1, 2, 6 120,000 95,000 215,000 215,000 Philip Baum 2, 6 (Appointed 15 May 2006) 70,000 17,500 87,500 87,500 Colin Brayshaw 1, 2, 3, 4 120,000 210,000 330,000 330,000 Barry Davison 2, 3, 4, 6 (Retired 31 December 2006 and retired as chairman 6 November 2006) 530,000 530,000 530,000 Richard Dunne 1, 2 (Appointed 1 July 2006) 60,000 47,500 107,500 107,500 David Hathorn 2, 6 120,000 13,750 133,750 133,750 Sam Jonah 2 (Resigned 5 December 2006)   111,196 27,799 138,995 138,995 Bongani Khumalo 1, 2, 5 120,000 125,000 245,000 245,000 Bill Nairn 2, 5, 6 120,000 80,000 200,000 200,000 Hixonia Nyasulu 2 120,000 30,000 150,000 150,000 Fred Phaswana 2, 3, 4(Appointed non-executive director 31 August 2006, appointed non-executive chairman 6 November 2006)   136,575 19,715 156,290 156,290 Tony Redman2, 5, 6 120,000 60,000 180,000 180,000 Tony Trahar2, 3, 4, 6 120,000 110,000 230,000 230,000 Tom Wixley1, 2, 3, 4 198,000 235,000 433,000 433,000 Lazarus Zim2, 6 (Resigned 15 May 2006)       50,000 11,250 61,250   61,250 Alternate director John Williams1, 6 (Appointed 1 July 2006) 32,500 32,500 32,500 Vincent Uren1, 6 (Resigned 1 July 2006)   30,000 30,000 30,000 Total 22,819,682 3,867,125 6,325,892 2,115,771 1,145,014 36,273,484 29,763,624 66,037,108 Salary and benefits include cash, medical aid, car scheme, personal computer scheme and entertainment allowances Retirement benefits include provident fund, pension fund, flexi-pension and deferred compensation 1. Audit Committee member 2. Corporate Governance Committee member 3. Nomination Committee member 4. Remuneration Committee member 5. Safety & Sustainable Development Committee member 6. Directors’ fees ceded to Anglo Operations Limited (AOL), a wholly-owned subsidiary of Anglo American plc   Increase in directors’ fees At the annual general meeting on 31 March 2008, members will be asked to pass ordinary resolutions approving the following (as recommended by the Board):  • that the annual fees payable to non-executive directors of the Company be fixed at the rate of R130,000 each per annum;  • that the annual fee payable to the deputy chairman of the Board be increased from R215,000 per annum to R230,000 per annum;  • that the annual fee payable to the chairman of the Board be increased from R750,000 per annum to R800,000 per annum (inclusive of all Board and committee responsibilities);  • that the fees payable to non-executive directors for serving on the committees of the Board be increased as follows:    – Audit Committee: member's fee to increase from R70,000 per annum to R75,000 per annum; chairman's fee to increase from R105,000 per annum to R110,000 per annum;  – Corporate Governance Committee: member's fee to increase from R50,000 per annum to R55,000 per annum; chairman's fee to increase from R85,000 per annum to R90,000 per annum;  – Nomination Committee: member's fee to increase from R50,000 per annum to R55,000 per annum; chairman's fee to increase from R85,000 per annum to R90,000 per annum;  – Remuneration Committee: member's fee to increase from R55,000 per annum to R60,000 per annum; chairman's fee to increase from R95,000 per annum to R100,000 per annum;  – Safety & Sustainable Development Committee member's fee to increase from R50,000 per annum to R55,000 per annum; chairman's fee to increase from R85,000 per annum to R90,000 per annum;  – the increase in directors' fees is proposed for the purposes of remaining market competitive and attracting and retaining non-executive directors of high calibre and with the skills required to meaningfully contribute to the operation of the Board and its committees; and  – the Transformation Committee member's fee to be set at R55,000 per annum, chairman's fee at R90,000 per annum.    Non-executive directors do not participate in the Company’s annual bonus plan, share option schemes, or LTIP.   Directors’ service contracts It is the Company's policy that the period of notice required for executive directors does not exceed 12 months. In order to reflect their spread of responsibilities properly, all the executive directors have contracts with Anglo Platinum Limited. None of the non-executive directors has a contract of employment with the Company. Their appointments are made in terms of the Company's articles of association and are confirmed initially at the first annual general meeting of shareholders following their appointment, and thereafter at three-year intervals.    SHARE INCENTIVE SCHEMES FOR EMPLOYEES AND OTHERS A summary of shares subject to option in terms of the existing share option schemes is provided in annexure C.   Approval This remuneration report has been approved by the Board of directors of Anglo Platinum. Signed on behalf of the Board of directors.   Tom Wixley Deputy Chairman and Chairman of the Remuneration Committee   Johannesburg 7 February 2008
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