Extension to merger
timetable
Zug, 21 September
2012
Glencore International plc
(“Glencore”) and Xstrata plc (“Xstrata”) today jointly requested an extension
from the Takeover Panel (the “Panel”) to the deadline by which the independent
non-executive Xstrata directors will announce their response to Glencore’s
revised merger proposal. The extension was requested to enable Xstrata’s
independent non-executive directors to take full account of feedback from
consultation with key Xstrata shareholders.
An extension has been
granted by the Panel and the independent non-executive Xstrata directors will
announce their response by 07h00 London time on Monday 1 October 2012.
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