Top 10 shareholders

Analysis of shareholders
Ten major shareholders1
2018 2017
Number of shares (million) % holding Number of shares (million) % holding
Industrial and Commercial Bank of China 325.0 20.1 325.0 20.1
Government Employees Pension Fund (PIC) 199.7 12.3 199.6 12.3
Allan Gray Balanced Fund 29.7 1.8 27.8 1.7
Alexander Forbes Investments (prev. Investment Solutions) 25.8 1.6 28.3 1.8
Old Mutual Life Assurance Company 23.8 1.5 19.7 1.2
Vanguard Emerging Markets Stock Index Fund 22.1 1.4 23.8 1.5
GIC Asset Management 21.0 1.3 18.3 1.1
Vanguard Total International Stock Index Fund 19.4 1.2 16.5 1.0
Dimensional Emerging Markets Value Fund 16.8 1.0 17.1 1.1
Government of Norway 14.8 0.8 9.6 0.6
698.1 43.1 685.7 42.4
1 Beneficial holdings detemined from the share register and investigations conducted on our behalf in terms of section 56 of the Companies Act.
Geographic spread of shareholders
2018 2017
Number of shares (million) % holding Number of shares (million) % holding
South Africa 785.0 48.5 759.6 46.9
Foreign shareholders 833.4 51.5 859.7 53.1
China 325.9 20.1 325.2 20.1
United States of America 240.3 14.8 252.9 15.6
United Kingdom 39.0 2.4 63.7 3.9
Singapore 24.0 1.5 22.8 1.4
Namibia 19.6 1.2 22.5 1.4
Netherlands 15.6 1.0 15.0 0.9
Norway 15.4 1.0 10.3 0.6
Japan 15.0 0.9 13.7 0.8
Ireland 13.3 0.8 20.9 1.3
United Arab Emirates 12.2 0.8 7.8 0.5
Hong Kong 12.0 0.7 10.8 0.7
Canada 11.0 0.7 10.5 0.6
Saudi Arabia 10.4 0.6 8.4 0.5
Luxembourg 10.3 0.6 11.0 0.7
Other 69.4 4.4 64.2 4.1
1618.4 100.0 1619.3 100.0