Total cash costs

Gold Industry Standards Basis

Figures are in millions unless otherwise stated

      Total Mine
Operations
    South African Operations   International Operations
        Total   Driefontein   Kloof   Beatrix   South
Deep
  Total   Ghana Peru Australia #
                    Tarkwa   Damang Cerro Corona St Ives   Agnew  
Operating costs(1) Dec 2008   4,542.3     2,429.7   876.8   772.8   503.1   277.0   2,112.6   833.2   339.0 210.7 563.1   166.6  
  Sept 2008   4,233.2     2,467.7   880.6   785.4   498.6   303.1   1,765.5   688.7   274.8 52.7 560.2   189.1  
  Financial year to date   8,775.5     2,467.7   1,757.4   1,558.2   1,001.7   580.1   3,878.1   1,521.9   613.8 263.4 1,123.3   355.7  
Gold-in-process and Dec 2008   (44.3)     -   -   -   -   -   (44.3)   (58.3)   (24.3) 7.6 26.0   0.2  
inventory change* Sept 2008   (63.3)     -   -   -   -   -   (63.3)   (18.8)   (4.9) (52.7) 3.0   10.1  
  Financial year to date   (107.6)     -   -   -   -   -   (107.6)   (72.6)   (29.2) (45.1) 29.0   10.3  
Less: Dec 2008   27.6     18.9   7.0   6.7   3.4   1.8   8.7   2.0   - 3.7 2.1   0.9  
   Rehabilitation costs Sept 2008   23.1     18.9   7.0   6.8   3.3   1.7   4.3   1.5   - - 2.1   0.7  
  Financial year to date   50.7     37.7   14.0   13.5   6.7   3.5   13.0   3.5   - 3.7 4.2   1.6  
   Production taxes Dec 2008   6.2     6.2   1.4   3.2   0.7   0.9   -   -   - - -   -  
  Sept 2008   7.6     7.6   2.1   3.0   1.4   1.1   -   -   - - -   -  
  Financial year to date   13.8     13.8   3.5   6.2   2.1   2.0   -   -   - - -   -  
   General and admin Dec 2008   176.8     91.6   33.8   27.0   19.1   11.7   85.2   40.4   6.6 12.8 15.7   9.7  
  Sept 2008   163.0     98.5   37.0   29.7   18.8   13.0   64.5   36.7   5.1 - 16.4   6.3  
  Financial year to date   339.8     190.1   70.8   56.7   37.9   24.7   149.7   77.1   11.7 12.8 32.1   16.0  
   Exploration costs Dec 2008   18.8     -   -   -   -   -   18.8   -   12.1 - 5.5   1.2  
  Sept 2008   13.7     -   -   -   -   -   13.7   -   4.0 - 7.8   1.3  
  Financial year to date   32.5     -   -   -   -   -   32.5   -   16.7 - 13.3   2.5  
Cash operating costs Dec 2008   4,268.6     2,313.0   834.6   735.9   749.9   262.6   1,955.6   737.0   296.0 201.8 565.8   155.0  
  Sept 2008   3,962.5     2,342.8   834.5   745.9   475.1   287.3   1,619.7   631.7   260.2 - 536.9   190.9  
  Financial year to date   8,231.1     4,655.8   1,669.1   1,481.8   955.0   549.9   1,619.7   1,368.7   556.2 201.8 1,102.7   345.9  
Plus: Dec 2008   6.2     6.2   1.4   3.2   0.7   0.9   -   -   - - -   -  
   Production taxes Sept 2008   7.6     7.6   2.1   3.0   1.4   1.1   -   -   - - -   -  
  Financial year to date   13.8     13.8   3.5   6.2   2.1   2.0   -   -   - - -   -  
   Royalties Dec 2008   79.0     -   -   -   -   -   79.0   33.7   11.9 2.4 22.0   9.0  
  Sept 2008   66.7     -   -   -   -   -   66.7   31.6   8.9 - 17.5   8.7  
  Financial year to date   145.7     -   -   -   -   -   145.7   65.3   20.8 2.4 39.5   17.7  
TOTAL CASH COSTS(2) Dec 2008   4,353.8     2,319.2   836.0   739.1   480.6   263.5   2,034.6   770.7   307.9 204.2 587.8   164.0  
  Sept 2008   4,036.8     2,350.4   836.0   748.9   476.5   288.4   1,686.4   663.3   269.1 - 554.4   199.6  
  Financial year to date   8,390.6     4,669.6   1,672.6   1,488.0   957.1   551.9   3,721.0   1,434.0   577.0 204.2 1,142.2   363.6  
Plus: Dec 2008   1,005.9     480.1   143.4   161.8   111.9   63.0   525.8   135.2   43.5 94.6
252.5
 
   Amortisation* Sept 2008   832.8     462.4   139.6   174.8   98.9   49.1   370.4   114.9   25.4 -
230.1
 
  Financial year to date   1,838.7     942.5   283.0   336.6   210.8   112.1   896.2   250.1   68.9 94.6
482.6
 
   Rehabilitation Dec 2008   27.6     18.9   7.0   6.7   3.4   1.8   8.7   2.0   - 3.7
3.0
 
  Sept 2008   23.1     18.8   7.0   6.8   3.3   1.7   4.3   1.5   - -
2.8
 
  Financial year to date   50.7     37.7   14.0   13.5   6.7   3.5   13.0   1.5   - 3.7
5.8
 
TOTAL PRODUCTION Dec 2008   5,387.3     2,818.2   986.4   907.6   595.9   328.3   2,569.1   907.9   351.4 302.5
1,007.3
 
COSTS(3) Sept 2008   4,892.7     2,831.6   983.2   930.5   578.7   339.2   2,061.1   779.7   294.5 -
986.9
 
  Financial year to date   10,280.0     5,649.8   1,969.6   1,838.1   1,174.6   667.5   4,630.2   1,687.6   645.9 302.5
1,994.2
 
Gold sold - thousand ounces Dec 2008   909.6     500.6   194.9   151.7   106.7   47.3   409.0   139.3   50.4 65.5
108.7
45.0
  Sept 2008   845.7     492.0   206.7   156.6   101.5   27.3   353.7   156.3   44.0 -
101.2
52.2
  Financial year to date   1,755.3     992.7   401.6   308.3   208.2   74.6   762.7   295.6   94.5 65.5
209.8
97.3
TOTAL CASH COSTS - US$/oz Dec 2008   487     472   437   496   459   567   507   563   622 355
551
371
  Sept 2008   617     617   523   618   6.7   1,365   616   548   790 -
708
494
  Financial year to date   544     536   474   550   524   843   556   553   696 355
620
426
TOTAL CASH COSTS - R/kg Dec 2008   153,893     148,944   137,886   156,689   144,759   179,130   159,953   177,868   196,240 100,245
173,905
117,059
  Sept 2008   153,461     153,581   130,149   153,747   150,982   339,694   153,295   136,481   196,567 -
176,168
122,831
  Financial year to date   153,685     151,242   133,904   155,194   150,982   237,888   156,865   155,988   196,392 100,245
174,996
120,159
TOTAL PRODUCTION COSTS Dec 2008   6.3     573   515   6.9   569   707   640   664   709 526
667
 
- US$/oz Sept 2008   747     744   615   768   737   1,606   753   645   864 -
831
 
  Financial year to date   667     648   559   679   643   1,019   691   650   779 526
740
 

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 exceptional 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.
# As a significant portion of the acquisition price was allocated to tenements of St Ives and Agnew based on endowment ounces and also as these two Australian operations are entitled to transfer and then off-set tax losses from one company to another, it is not meaningful to split the income statement below operating profit.
Average exchange rates are US$1 = R9.82 and US$1 = R7.74 for the December 2008 and September 2008 quarters respectively.