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
			Total	KDC	Beatrix	South Deep	Total	Tarkwa	Damang	Cerro Corona	Total	St Ives	Agnew
Operating costs⁽¹⁾	Dec 2010	(5,047.6)	(2,964.1)	(1,861.0)	(606.3)	(496.8)	(965.8)	(706.8)	(259.0)	(279.8)	(837.9)	(650.4)	(187.5)
	Sep 2010	(5,173.4)	(3,075.1)	(1,948.7)	(627.2)	(499.2)	(1,028.7)	(759.8)	(268.9)	(273.1)	(796.5)	(621.7)	(174.8)
	Financial period	(10,221.0)	(6,039.2)	(3,809.7)	(1,233.5)	(996.0)	(1,994.5)	(1,466.6)	(527.9)	(552.9)	(1,634.4)	(1,272.1)	(362.3)
Gold-in-process and	Dec 2010	21.2	-	-	-	-	3.2	7.4	(4.2)	19.8	(1.8)	2.7	(4.5)
inventory change*	Sep 2010	25.3	-	-	-	-	(22.1)	(30.1)	8.0	(11.9)	59.3	51.4	7.9
	Financial period	46.5	-	-	-	-	(18.9)	(22.7)	3.8	7.9	57.5	54.1	3.4
Less:	Dec 2010	(28.8)	(23.5)	(16.7)	(4.5)	(2.3)	(1.1)	(0.9)	(0.2)	(0.9)	(3.3)	(2.7)	(0.6)
Rehabilitation costs	Sep 2010	(28.6)	(23.4)	(16.7)	(4.4)	(2.3)	(1.3)	(1.1)	(0.2)	(0.9)	(3.0)	(2.5)	(0.5)
	Financial period	(57.4)	(46.9)	(33.4)	(8.9)	(4.6)	(2.4)	(2.0)	(0.4)	(1.8)	(6.3)	(5.2)	(1.1)
Production taxes	Dec 2010	(8.3)	(8.3)	(5.7)	(1.1)	(1.5)	-	-	-	-	-	-	-
	Sep 2010	(8.4)	(8.4)	(5.5)	(1.3)	(1.6)	-	-	-	-	-	-	-
	Financial period	(16.7)	(16.7)	(11.2)	(2.4)	(3.1)	-	-	-	-	-	-	-
General and admin	Dec 2010	(159.8)	(65.5)	(44.2)	(13.1)	(8.2)	(51.2)	(45.6)	(5.6)	(11.3)	(31.8)	(19.7)	(12.1)
	Sep 2010	(177.6)	(74.1)	(50.9)	(13.9)	(9.3)	(61.4)	(52.2)	(9.2)	(16.4)	(25.7)	(15.5)	(10.2)
	Financial period	(337.4)	(139.6)	(95.1)	(27.0)	(17.5)	(112.6)	(97.8)	(14.8)	(27.7)	(57.5)	(35.2)	(22.3)
Cash operating costs	Dec 2010	(4,829.5)	(2,866.8)	(1,794.4)	(587.6)	(484.8)	(910.3)	(652.9)	(257.4)	(247.8)	(804.6)	(625.3)	(179.3)
	Sep 2010	(4,933.5)	(2,969.2)	(1,875.6)	(607.6)	(486.0)	(988.1)	(736.6)	(251.5)	(267.7)	(708.5)	(552.3)	(156.2)
	Financial period	(9,763.0)	(5,836.0)	(3,670.0)	(1,195.2)	(970.8)	(1,898.4)	(1,389.5)	(508.9)	(515.5)	(1,513.1)	(1,177.6)	(335.5)
Plus:	Dec 2010	(8.3)	(8.3)	(5.7)	(1.1)	(1.5)	-	-	-	-	-	-	-
Production taxes	Sep 2010	(8.4)	(8.4)	(5.5)	(1.3)	(1.6)	-	-	-	-	-	-	-
	Financial period	(16.7)	(16.7)	(11.2)	(2.4)	(3.1)	-	-	-	-	-	-	-
Royalties	Dec 2010	(91.7)	(54.1)	(46.0)	(4.6)	(3.5)	24.5	21.3	3.2	(23.8)	(38.3)	(28.8)	(9.5)
	Sep 2010	(217.6)	(46.4)	(38.6)	(4.6)	(3.2)	(109.1)	(83.5)	(25.6)	(28.4)	(33.7)	(25.7)	(8.0)
	Financial period	(309.3)	(100.5)	(84.6)	(9.2)	(6.7)	(84.6)	(62.2)	(22.4)	(52.2)	(72.0)	(54.5)	(17.5)
TOTAL CASH COST⁽²⁾	Dec 2010	(4,929.5)	(2,929.2)	(1,846.1)	(593.3)	(489.8)	(885.8)	(631.6)	(254.2)	(271.6)	(842.9)	(654.1)	(188.8)
	Sep 2010	(5,159.5)	(3,024.0)	(1,919.7)	(613.5)	(490.8)	(1,097.2)	(820.1)	(277.1)	(296.1)	(742.2)	(578.0)	(164.2)
	Financial period	(10,089.0)	(5,953.2)	(3,765.8)	(1,206.8)	(980.6)	(1,983.0)	(1,451.7)	(531.3)	(567.7)	(1,585.1)	(1,232.1)	(353.0)
Plus:	Dec 2010	(1,280.5)	(692.1)	(431.2)	(121.8)	(139.1)	(143.5)	(86.2)	(57.3)	(88.9)	(356.0)
Amortisation*	Sep 2010	(1,390.7)	(715.5)	(443.4)	(141.3)	(130.8)	(254.8)	(221.7)	(33.1)	(115.1)	(305.3)
	Financial period	(2,671.2)	(1,407.6)	(874.6)	(263.1)	(269.9)	(398.3)	(307.9)	(90.4)	(204.0)	(661.3)
Rehabilitation	Dec 2010	(28.8)	(23.5)	(16.7)	(4.5)	(2.3)	(1.1)	(0.9)	(0.2)	(0.9)	(3.3)
	Sep 2010	(28.6)	(23.4)	(16.7)	(4.4)	(2.3)	(1.3)	(1.1)	(0.2)	(0.9)	(3.0)
	Financial period	(57.4)	(46.9)	(33.4)	(8.9)	(4.6)	(2.4)	(2.0)	(0.4)	(1.8)	(6.3)
TOTAL PRODUCTION	Dec 2010	(6,238.8)	(3,644.8)	(2,294.0)	(719.6)	(631.2)	(1,030.4)	(718.7)	(311.7)	(361.4)	(1,202.2)
COST⁽³⁾	Sep 2010	(6,578.8)	(3,762.9)	(2,379.8)	(759.2)	(623.9)	(1,353.3)	(1,042.9)	(310.4)	(412.1)	(1,050.5)
	Financial period	(12,817.6)	(7,407.7)	(4,673.8)	(1,478.8)	(1,255.1)	(2,383.7)	(1,761.6)	(622.1)	(773.5)	(2,252.7)
Gold sold	Dec 2010	979.0	485.2	310.6	99.0	75.5	237.0	176.6	60.4	87.5	169.4	125.1	44.3
– thousand ounces	Sep 2010	1,006.0	497.0	323.4	102.9	70.7	242.0	185.5	56.5	113.7	153.2	117.9	35.3
	Financial period	1,984.9	982.1	634.0	202.0	146.2	479.0	362.0	116.9	201.2	322.6	243.0	79.6
TOTAL CASH COST	Dec 2010	728	872	859	866	937	540	517	608	449	719	756	615
– US$/oz	Sep 2010	697	827	807	810	944	616	601	666	354	658	666	632
	Financial period	712	849	832	837	939	580	562	636	395	688	710	621
TOTAL CASH COST	Dec 2010	161,894	194,115	191,088	192,630	208,514	120,174	115,004	135,285	99,853	160,004	168,192	136,911
– R/kg	Sep 2010	164,898	195,627	190,863	191,599	223,294	145,769	142,156	157,622	83,691	155,728	157,579	149,545
	Financial period	163,416	194,880	190,973	192,104	215,659	133,105	128,914	146,082	90,716	157,973	163,041	142,511
TOTAL PRODUCTION	Dec 2010	921	1,086	1,067	1,050	1,208	628	588	746	597	1,026
COST – US$/oz	Sep 2010	889	1,029	1,000	1,002	1,200	760	764	746	492	931
	Financial period	904	1,056	1,033	1,025	1,202	697	681	745	538	978
TOTAL PRODUCTION	Dec 2010	204,893	241,537	237,450	233,636	268,710	139,791	130,863	165,886	132,868	228,208
COST – R/kg	Sep 2010	210,259	243,427	236,608	237,102	283,849	179,793	180,777	176,564	116,478	220,415
	Financial period	207,613	242,494	237,020	235,403	276,028	160,001	156,434	171,048	123,602	224,507

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 = R6.92 and US$1 = R7.36 for the December 2010 and the September 2010 quarters respectively. Six months to December 2010 US$ = R7.14 and A$ = 6.70.