Company Announcement: Capital Group Disclosable Interests in Xstrata

Zug, 29 December 2003

Xstrata Plc ("Xstrata") announces that it was advised by Capital Group Companies Inc that Capital Guardian Trust Company have increased and Capital International Limited hand Capital International SA have decreased holdings in Xstrata to 17,911,309, 24,003,408 and 4,363,070 ordinary shares respectively, representing 2.836%, 3,801% and 0,690% respectively of the Group's issued share capital (previously 2.828%, 3.803% and 0,691%).

The aggregate shareholding of the Capital Group is now 75,782,907 shares, which represents 12.00% of Xstrata's issued share capital.

ends

(For information, the previously disclosed shareholding of the Capital Group in Xstrata was 11.997%).

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