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Regulatory Announcements

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Xstrata Subsidiary Xstrata Canada Corporation declares preferred shares dividends (PDF)

Toronto, March 14, 2008

Xstrata plc subsidiary, Xstrata Canada Corporation (“XCC”), has declared the following preferred share dividends:

Name of
XCC
Security

Trading
Symbol

Dividend
Amount Per Share

Record Date

Payable Date

Preferred Shares, Series 2

FAL.PR.A

Floating rate
Floating rate
Floating rate

March 31, 2008
April 30, 2008
May 30, 2008

April 14, 2008
May 12, 2008
June 12, 2008

Preferred Shares, Series 3

FAL.PR.B

Cdn$0.2863

May 15, 2008

June 2, 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.

Xstrata Contact

Stephen K. Young
Telephone +1 416 775 1556
Email syoung@xstratanickel.ca