Total cash cost

Gold Industry Standards Basis

Figures are in South African rand millions unless otherwise stated

          Total
Mine
Operations
  South Africa Region West Africa Region   South
America
Region
    Australasia Region  
           
       
              Ghana   Peru     Australia  
              Total   KDC   Beatrix   South
Deep
  Total   Tarkwa   Damang   Cerro
Corona
    Total   St Ives   Agnew  
             
  Operating costs(1)   June 2011   (5,250.7)     (3,074.0)   (1,915.4)   (625.2)   (533.4)   (957.0)   (735.5)   (221.5)   (254.7)     (965.0)   (734.9)   (230.1)  
      March 2011   (4,959.0)     (2,782.7)   (1,720.9)   (549.4)   (512.4)   (1,011.4)   (735.7)   (275.7)   (288.1)     (876.8)   (675.0)   (201.8)  
      Year to date   (10,209.7)     (5,856.7)   (3,636.3)   (1,174.6)   (1,045.8)   (1,968.4)   (1,471.2)   (497.2)   (542.8)     (1,841.8)   (1,409.9)   (431.9)  
  Gold-in-process and   June 2011   114.7     -   -   -   -   107.1   115.7   (8.6)   8.9     (1.3)   (3.9)   2.6  
  inventory change*   March 2011   75.6     -   -   -   -   133.4   130.5   2.9   (11.6)     (46.2)   (44.3)   (1.9)  
      Year to date   190.3     -   -   -   -   240.5   246.2   (5.7)   (2.7)     (47.5)   (48.2)   0.7  
  Less:   June 2011   (27.3)     (17.3)   (12.4)   (3.6)   (1.3)   (4.8)   (4.2)   (0.6)   (0.8)     (4.4)   (3.5)   (0.9)  
       Rehabilitation costs   March 2011   (24.1)     (17.3)   (12.4)   (3.6)   (1.3)   (1.6)   (1.1)   (0.5)   (0.9)     (4.3)   (3.5)   (0.8)  
      Year to date   (51.4)     (34.6)   (24.8)   (7.2)   (2.6)   (6.4)   (5.3)   (1.1)   (1.7)     (8.7)   (7.0)   (1.7)  
       General and admin   June 2011   (119.0)     (39.8)   (28.3)   (5.3)   (6.2)   (61.0)   (54.5)   (6.5)   5.2     (23.4)   (15.3)   (8.1)  
      March 2011   (176.6)     (68.0)   (46.3)   (11.6)   (10.1)   (61.6)   (54.8)   (6.8)   (15.6)     (31.4)   (20.2)   (11.2)  
      Year to date   (295.6)     (107.8)   (74.6)   (16.9)   (16.3)   (122.6)   (109.3)   (13.3)   (10.4)     (54.8)   (35.5)   (19.3)  
  Plus:   June 2011   (236.4)     (42.3)   (33.3)   (5.1)   (3.9)   (122.1)   (93.1)   (29.0)   (30.4)     (41.6)   (28.0)   (13.6)  
       Royalties   March 2011   (164.6)     (35.3)   (28.1)   (3.6)   (3.6)   (70.5)   (53.9)   (16.6)   (19.9)     (38.9)   (29.6)   (9.3)  
      Year to date   (401.0)     (77.6)   (61.4)   (8.7)   (7.5)   (192.6)   (147.0)   (45.6)   (50.3)     (80.5)   (57.6)   (22.9)  
  TOTAL CASH COST(2)     June 2011   (5,226.1)     (3,059.2)   (1,908.0)   (621.4)   (529.8)   (906.2)   (654.2)   (252.0)   (280.6)     (980.1)   (748.0)   (232.1)  
      March 2011   (4,847.3)     (2,732.7)   (1,690.3)   (537.8)   (504.6)   (885.3)   (603.2)   (282.1)   (303.1)     (926.2)   (725.2)   (201.0)  
      Year to date   (10,073.4)     (5,791.9)   (3,598.3)   (1,159.2)   (1,034.4)   (1,791.5)   (1,257.4)   (534.1)   (583.7)     (1,906.3)   (1,473.2)   (433.1)  
  Plus:   June 2011   (1,229.2)     (665.9)   (401.1)   (139.0)   (125.8)   (186.9)   (150.4)   (36.5)   (115.2)     (261.2)          
       Amortisation*   March 2011   (1,198.2)     (648.9)   (413.0)   (97.6)   (138.3)   (195.2)   (151.8)   (43.4)   (102.6)     (251.5)          
      Year to date   (2,427.4)     (1,314.8)   (814.1)   (236.6)   (264.1)   (382.1)   (302.2)   (79.9)   (217.8)     (512.7)          
       Rehabilitation   June 2011   (27.3)     (17.3)   (12.4)   (3.6)   (1.3)   (4.8)   (4.2)   (0.6)   (0.8)     (4.4)          
      March 2011   (24.1)     (17.3)   (12.4)   (3.6)   (1.3)   (1.6)   (1.1)   (0.5)   (0.9)     (4.3)          
      Year to date   (51.4)     (34.6)   (24.8)   (7.2)   (2.6)   (6.4)   (5.3)   (1.1)   (1.7)     (8.7)          
  TOTAL PRODUCTION COST(3)   June 2011   (6,482.6)     (3,742.4)   (2,321.5)   (764.0)   (656.9)   (1,097.9)   (808.8)   (289.1)   (396.6)     (1,245.7)          
      March 2011   (6,069.6)     (3,398.9)   (2,115.7)   (639.0)   (644.2)   (1,082.1)   (756.1)   (326.0)   (406.6)     (1,182.0)          
      Year to date   (12,552.2)     (7,141.3)   (4,437.2)   (1,403.0)   (1,301.1)   (2,180.0)   (1,564.9)   (615.1)   (803.2)     (2,427.7)          
  Gold sold   June 2011   944.3     446.5   272.5   98.0   76.1   237.2   180.8   56.3   101.5     159.1   108.7   50.4  
  – thousand ounces   March 2011   925.1     411.0   262.6   74.4   74.0   243.5   186.1   57.5   112.2     158.4   120.5   37.9  
      Year to date   1,869.4     857.7   535.1   172.4   150.0   480.6   366.9   113.8   213.7     317.5   229.1   88.4  
  TOTAL CASH COST   June 2011   816     1,010   1,033   935   1,027   564   534   660   408     909   1,015   679  
  – US$/oz   March 2011   751     953   922   1,036   977   521   464   703   387     838   862   760  
      Year to date   783     982   977   977   1,002   542   498   682   397     873   935   713  
  TOTAL CASH COST   June 2011   177,934     220,261   225,133   203,871   223,922   122,841   116,302   143,836   88,882     198,080   221,367   147,929  
  – R/kg   March 2011   168,455     213,759   206,916   232,411   219,296   116,887   104,234   157,862   86,823     188,023   193,541   170,483  
      Year to date   173,243     217,145   216,192   216,188   221,641   119,825   110,182   150,918   87,801     193,063   206,736   157,606  
  TOTAL PRODUCTION COST   June 2011   1,013     1,236   1,257   1,150   1,274   683   660   757   576     1,155          
  – US$/oz   March 2011   940     1,185   1,154   1,231   1,248   637   582   813   519     1,069          
      Year to date   976     1,210   1,205   1,183   1,260   659   620   786   546     1,112          
  TOTAL PRODUCTION COST   June 2011   220,714     269,451   273,923   250,656   277,642   148,827   143,787   165,011   125,626     251,758          
  – R/kg   March 2011   210,933     265,871   258,991   276,145   279,965   142,870   130,655   182,429   116,471     239,951          
      Year to date   215,874     267,735   266,595   261,656   278,787   145,810   137,128   173,806   120,818     245,868          

DEFINITIONS
Total cash cost and Total production cost are calculated in accordance with the Gold Institute Industry standard.
(1) Operating costs – All gold mining related costs before amortisation/depreciation, changes in gold inventory, taxation and non-recurring items.
(2) Total cash cost – Operating costs less off-mine costs, which include general and administration costs, as detailed in the table above.
(3) Total production cost – Total cash cost plus amortisation/depreciation and rehabilitation provisions, as detailed in the table above.
*  Adjusted for amortisation/depreciation (non-cash item) excluded from gold-in-process change.
Average exchange rates were US$1 = R6.78 and US$1 = R6.98 for the June 2011 and March 2011 quarters respectively.