Executive Directors

Title and age: Chief Executive, aged 52
Appointment: Appointed Chief Executive in October 2001 and then Chief Executive of Xstrata plc upon incorporation in February 2002
Committee membership: Chairman of Executive Committee, and a member of the Health, Safety, Environment and Community Committee
Skills and experience: Previously, Mr. Davis was Chief Financial Officer and an Executive director of Billiton Plc, appointed in July 1997, and served as Executive Chairman of Ingwe Coal Corporation Limited from 1995. He joined Gencor Limited in early 1994 from Eskom, the South African state-owned electricity utility, where he was an Executive Director
External appointments: None

Title and age: Chief Financial Officer, aged 49
Appointment: Appointed in February 2002
Committee membership: Executive Committee
Skills and experience: Mr Reid joined Xstrata in January 2002. Prior to joining Xstrata, he was Global Head of Resource Banking at the Standard Bank Group. He joined the Standard Bank Group in 1997 from Warrior International Limited, a corporate finance boutique specialising in the minerals sector
External appointments: None

Title and age: Executive director and Chief Executive of Xstrata Zinc, aged 67
Appointment: Appointed in February 2002
Committee membership: Executive Committee
Skills and experience: Mr. Zaldumbide is currently Executive Chairman of Asturiana de Zinc. He is a previous Chief Executive Officer and director of Union Explosivos Rio Tinto and of Petroleos del Norte. In 1990, Petroleos del Norte became part of the Repsol Oil Group where Mr. Zaldumbide was responsible for establishing the international structure of the enlarged Repsol Oil Group. In 1994, he was appointed Chief Executive Officer of the Corporación Industrial de Banesto and, in December 1997, Chairman and Chief Executive Officer of Asturiana de Zinc
External appointments: Mr. Zaldumbide is also a member of the European Advisory Council of Air Products and Chemicals, Inc. and a director of ThyssenKrupp SA.