Company Announcement: Capital Group Disclosable Interests in Xstrata

Zug, 23 December 2003

Xstrata Plc ("Xstrata") announces that it was advised by Capital Group Companies Inc yesterday that Capital Guardian Trust Company and Capital International Limited have decreased holdings in Xstrata to 17,855,769 and 24,013,708 ordinary shares respectively, representing 2.828% and 3.803% respectively of the Group's issued share capital (previously 2.83% and 3.803%).

The aggregate shareholding of the Capital Group is now 75,760,967 shares, which represents 11.997% of Xstrata's issued share capital.

ends

(For information, the previously disclosed shareholding of the Capital Group in Xstrata was 12.04%).

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