African Rainbow Minerals Ltd. (ARI.JO) and Anglo Platinum Ltd. (AMS.JO), joint venture partners and owners of the Modikwa Platinum Joint Venture, said Wednesday no agreement has been reached in the past or present with any party in relation to any matter concerning the Modikwa Deeps properties.

MAIN FACTS:

- The statement follows recent media reports.

- The Modikwa Deeps properties consist of nine properties located down dip to the existing Modikwa Joint Venture operation.

-By Johannesburg bureau, Dow Jones Newswires; +27 11 783 7848; robb.stewart@dowjones.com
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