14 October 2013
Baar, Switzerland
Glencore Xstrata plc
Increase of interest rate applicable to certain Xstrata Notes
On 20 May 2013, Standard & Poor's downgraded the long-term credit rating of Xstrata plc (now known as Xstrata Limited), its subsidiaries and guaranteed debt to "BBB" from "BBB+" in order to equalise it with its parent company, Glencore Xstrata plc's rating. As a result, the interest rate applicable to certain series of notes issued by Xstrata Finance (Canada) Limited and Xstrata Finance (Dubai) Limited listed in the Appendix will increase by 0.25 per cent. from and including their next interest payment date, as further described in the Appendix.
For enquiries about Glencore Xstrata plc, please contact:
John Burton (Company Secretary) Paul Smith (Investors) Charles Watenphul (Media)
t: +41 (0) 41 709 2619 t: +41 (0)41 709 2487 t: +41 (0) 41 709 2462
m: +41 (0) 79 944 5434 m: +41 (0)79 947 1348 m: +41 (0) 79 904 3320
e: [email protected] e: [email protected]
e:[email protected]
Martin Fewings (Investors) Elisa Morniroli (Investors) Finsbury (Media)
t: +41 (0) 41 709 2880 t: +41 (0) 41 709 2818 Guy Lamming
m: +41 (0) 79 737 5642 m: +41 (0) 79 833 0508 Dorothy Burwell
e: [email protected] e: [email protected] t: +44 (0) 20 7251 3801
About Glencore Xstrata
Glencore Xstrata is one of the world's largest global diversified natural resource companies. As a leading integrated producer and marketer of commodities with a well-balanced portfolio of diverse industrial assets, we are strongly positioned to capture value at every stage of the supply chain, from sourcing materials deep underground to delivering products to an international customer base.
The Group's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Our diversified operations comprise over 150 mining and metallurgical sites, offshore oilproductionassets, farmsand agricultural facilities. We employ approximately 190,000 people, including contractors.
APPENDIX
· US$1,250,000,000 1.800 per cent. Guaranteed Notes due 2015 issued by Xstrata Finance (Canada) Limited(Regulation S ISIN: USC98874AL11; Rule 144A ISIN: US98417EAS90; Regulation S CUSIP: C98874AL1; Rule 144A CUSIP: 98417EAS9): The applicable rate of interest will increase from 1.800 per cent. per annum to 2.050 per cent. per annum from and including the interest payment date falling on 23 October 2013.
· US$1,750,000,000 2.450 per cent. Guaranteed Notes due 2017 issued by Xstrata Finance (Canada) Limited(Regulation S ISIN: USC98874AN76; Rule 144A ISIN: US98417EAU47; Regulation S CUSIP: C98874AN7; Rule 144A CUSIP: 98417EAU4): The applicable rate of interest will increase from 2.450 per cent. per annum to 2.700 per cent. per annum from and including the interest payment date falling on 25 October 2013.
· US$1,000,000,000 4.000 per cent. Guaranteed Notes due 2022 issued by Xstrata Finance (Canada) Limited(Regulation S ISIN: USC98874AM93; Rule 144A ISIN: US98417EAT73; Regulation S CUSIP: C98874AM9; Rule 144A CUSIP: 98417EAT7): The applicable rate of interest will increase from 4.000 per cent. per annum to 4.250 per cent. per annum from and including the interest payment date falling on 25 October 2013.
· US$500,000,000 5.300 per cent. Guaranteed Notes due 2042 issued by Xstrata Finance (Canada) Limited(Regulation S ISIN: USC98874AK38; Rule 144A ISIN: US98417EAR18; Regulation S CUSIP: C98874AK3; Rule 144A CUSIP: 98417EAR1): The applicable rate of interest will increase from 5.300 per cent. per annum to 5.550 per cent. per annum from and including the interest payment date falling on 25 October 2013.
· EUR 1,250,000,000 1.500 per cent. Guaranteed Notes due 2016 issued by Xstrata Finance (Dubai) Limited (ISIN: XS0857214968; Common Code: 085721496): The applicable rate of interest will increase from 1.500 per cent. per annum to 1.750 per cent. per annum from and including the interest payment date falling on 19 May 2014.
· EUR 1,000,000,000 2.375 per cent. Guaranteed Notes due 2018 issued by Xstrata Finance (Dubai) Limited (ISIN: XS0857215346; Common Code: 085721534): The applicable rate of interest will increase from 2.375 per cent. per annum to 2.625 per cent. per annum from and including the interest payment date falling on 19 November 2013.
