BRIEF-Anglo American Rejects BHP's Proposal

Anglo American PLC: * REJECTION OF BHP PROPOSAL

* CONSIDERED PROPOSAL WITH ITS ADVISERS AND CONCLUDED THAT PROPOSAL SIGNIFICANTLY UNDERVALUES ANGLO AMERICAN AND ITS FUTURE PROSPECTS. * PROPOSAL CONTEMPLATES A STRUCTURE WHICH BOARD BELIEVES IS HIGHLY UNATTRACTIVE FOR ANGLO AMERICAN'S SHAREHOLDERS

* UNANIMOUSLY REJECTED BHP PROPOSAL. Source text for Eikon: Further company coverage: