AGM/EGM Results

Zug, 8 May 2003

At the Annual General Meeting of the Company held earlier today, all resolutions proposed in the notice of the Annual General Meeting dated 1 April 2003 were duly passed.

At the Extraordinary General Meeting of the Company held immediately following the Annual General Meeting, all resolutions proposed in the notice of Extraordinary General Meeting dated 7 April 2003 were duly passed.

AGM/EGM Results

ends

Xstrata contacts:

Marc Gonsalves
Telephone: +44 20 7968 2812
Mobile: +44 7775 662 348
Fax: +44 20 7968 2810
Email: mgonsalves@xstrata.com

Brigitte Mattenberger
Telephone: +41 41 726 6071
Fax: +41 41 726 6089
Email: bmattenberger@xstrata.com

Michael Oke
Prospero Financial
Telephone: +44 20 7898 9394
Mobile: +44 7778 469630

Justine Winn
Telephone: +61 2 9253 6748
Fax: +61 2 9252 7702
Email: Justine.Winn@XstrataCoal.com

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