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