ISSUE OF ONE MILLION ORDINARY SHARES TO XSTRATA EMPLOYEE OWNERSHIP TRUST

Zug, Thursday 24 March 2005

Xstrata plc (“the Company”) announces that a pplication has been made to the UK Listing Authority and the London Stock Exchange for a listing of one million (1,000,000) new ordinary shares of US$0.50 each (“the Shares”) to be allotted to K.B. (C.I.) Nominees Limited for the purpo ses of the Xstrata plc Employee Share Ownership Trust (an employees’ share scheme as that term is defined for the purposes of the Companies Act 1985, and within the provisions of Sections 80(2) and 89(5) of the said Act) to trade on the London Stock Exchange and to be admitted to the Official List upon issuance. The Shares will rank pari passu with the existing issued shares of the Company.

As a consequence, the total number of shares in issue in the Company will be 632,502,416.

ends

Xstrata contacts
Richard Elliston Claire Bithell
Telephone +44 20 7968 2885 Telephone +44 20 7968 2871
Mobile +44 7759 924 576 Mobile +44 7785 964 340
Email relliston@xstrata.com Email cbithell@xstrata.com

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