Xstrata plc
LSE : XTA

Xstrata plc

September 19, 2007 12:05 ET

Xstrata Subsidiary Falconbridge Limited Declares Preferred Share Dividends

TORONTO, ONTARIO--(Marketwire - Sept. 19, 2007) - Xstrata plc (LSE:XTA)(ZSE:XTA.S) subsidiary, Falconbridge Limited ("Falconbridge"), has declared the following preferred share dividends:



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Name of Trading Dividend Record Date Payable Date
Falconbridge Symbol Amount Per
Security Share
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Preferred Shares, FAL.PR.A Floating rate September 28, October 12,
Series 2 2007 2007
Floating rate October 31, November 12,
2007 2007
Floating rate November 30, December 12,
2007 2007
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Preferred Shares, FAL.PR.B Cdn$0.2863 November 15, December 3,
Series 3 2007 2007
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Preferred Shares, FAL.PR.H Cdn$0.40625 December 14, December 31,
Series H 2007 2007
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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. Falconbridge 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.

About Xstrata

Xstrata is a global diversified mining group, listed on the London and Swiss Stock Exchanges, with its headquarters in Zug, Switzerland. Xstrata's businesses maintain a meaningful position in seven major international commodity markets: copper, coking coal, thermal coal, ferrochrome, nickel, vanadium and zinc, with recycling facilities, additional exposures to gold, cobalt, lead and silver and a suite of global technology products, many of which are industry leaders. Xstrata Group's operations and projects span 18 countries: Argentina, Australia, Brazil, Canada, Chile, Colombia, the Dominican Republic, Germany, New Caledonia, Norway, Papua New Guinea, Peru, the Philippines, South Africa, Spain, Tanzania, the USA and the UK. Xstrata employs approximately 43,000 people, including contractors.

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