1. Name of the issuer
Xstrata plc
2. State whether the notification relates to
(i) a transaction notified in accordance with DTR 3.1.2R; or
(ii) a disclosure made in accordance with section 793 of the Companies Act 2006
Notification relates to a transaction notified in accordance with DTR 3.1.2R
3. Name of the director
Mick Davis
4. State whether notification relates to a person connected with the director named in 3
Notification does not relate to a person connected with the director
5. Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest
Notification is in respect of the vesting of a contingent award to the director referred to in 3 above
6. State the nature of the transaction
Vesting of 25% of an award granted under the 2005 Added Value Incentive Plan in relation to the performance period 9 May 2005 to 9 May 2008, deferred for one year. The deferred award was settled at the request of the company by a cash payment of £8,159,582, equivalent to 1,132,821 ordinary shares of US$0.50 each in Xstrata plc.
7. Date of vesting of deferred award
9 May 2009
8. The volume weighted average price (VWAP) per share on 8 May 2009
£7.202887
9. Name of contact and telephone number for queries
Richard Elliston
Telephone 020 7968 2885
Mobile 07759 924 576
Email relliston@xstrata.com
Claire Divver
Telephone 020 7968 2871
Mobile 07785 964 340
Email cdivver@xstrata.com
Name of duly authorised officer of issuer responsible for making notification
Richard P Elliston
Date of Notification
12 May 2009