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Share price: XTA.L GBp 1395.00 (2.80%)

Investors / Preferred Shares

Xstrata Canada Preferred Shares

Xstrata Canada Preferred Shares

Xstrata Canada Preferred Shares
Name of security Trading Symbol Dividend Amount Per Share Record Date Payable Date
Preferred Shares, Series 2 FAL.PR.A Floating Rate March 31, 2008 April 14, 2008
Floating Rate April 30, 2008 May 12, 2008
Floating Rate May 30, 2008 June 12, 2008
Preferred Shares, Series 3 FAL.PR.B Cdn$0.2863 May15, 2008 June2, 2008

On February 21, 2007, the Parliament of Canada enacted amendments to the Income Tax Act (Canada) which are intended to reduce the personal tax rate on "eligible dividends" paid after 2005. XCC hereby notifies its holders of preferred shares that the full amounts of the dividends to be paid on the respective series of preferred shares set out above are designated as eligible dividends for purposes of these amendments and any applicable corresponding provincial provisions.

For press releases and public documentation, please refer to the SEDAR website: www.sedar.com

Xstrata Canada Corporation contact:
Stephen Young
Telephone 1 (416) 775-1556
Email syoung@xstratanickel.ca

Last Modified on May 23 2008, 14:40:29 PST