Salient features

SOUTH AFRICAN RAND					Salient features			UNITED STATES DOLLARS
Six months to		Quarter			Salient features			Quarter			Six months to
Dec 2007#	Dec 2008	Dec 2007#	Sept 2008	Dec 2008				Dec 2008	Sept 2008	Dec 2007#		Dec 2008	Dec 2007#
60,522	50,910	29,861	24,817	26,093	kg	Gold produced*	oz (000)	839	798	960		1,637	1,946
99,988	153,685	101,532	153,461	153,893	R/kg	Total cash cost	$/oz	487	617	467		544	449
165,639	235,408	171,252	226,120	244,210	R/kg	Notional cash expenditure	$/oz	774	909	788		834	743
24,980	26,048	12,630	12,698	13,350	000	Tons milled	000	13,350	12,698	12,630		26,048	24,980
162,857	234,413	170,488	217,586	250,058	R/kg	Revenue	$/oz	792	874	784		830	731
266	337	265	333	340	R/ton	Operating costs	$/ton	35	43	39		38	38
3,754	4,140	2,037	1,574	2,566	Rm	Operating profit	$m	268	203	300		472	542
36	32	38	27	36	%	Operating margin	%	36	27	38		32	36
2,367	522	1,938	39	483	Rm	Net earnings	$m	54	5	281		59	342
363	80	297	6	74	SA c.p.s.		US c.p.s.	8	1	43		9	52
866	523	456	39	484	Rm	Headline earnings	$m	55	5	67		60	125
133	80	70	6	74	SA c.p.s.		US c.p.s.	8	1	10		9	19
1,011	663	603	120	542	Rm	Net earnings excluding gains and losses on foreign exchange, financial instruments, exceptional items and share of loss of associates after taxation	$m	60	16	88		76	146
155	101	93	18	83	SA c.p.s.		US c.p.s.	10	2	13		12	22
* Attributable – All companies wholly owned except for Ghana (71.1%) and Cerro Corona (80.7%). # Prior period operational results exclude the discontinued assets sold during the December 2007 quarter i.e. the Venezuelan assets (Choco 10).