Xstrata plc

Xstrata plc

December 18, 2007 12:52 ET

Xstrata Subsidiary Xstrata Canada Corporation Declares Preferred Share Dividends

TORONTO, ONTARIO--(Marketwire - Dec. 18, 2007) - Xstrata plc subsidiary, Xstrata Canada Corporation ("XCC"), has declared the following preferred share dividends:



--------------------------------------------------------------------------
Name of Trading Dividend Record Date Payable Date
XCC Symbol Amount Per
Security Share
--------------------------------------------------------------------------
Preferred FAL.PR.A Floating rate December 31, 2007 January 14, 2008
Shares, Floating rate January 31, 2008 February 12, 2008
Series 2 Floating rate February 29, 2008 March 12, 2008
--------------------------------------------------------------------------
Preferred FAL.PR.B Cdn$0.2863 February 15, 2008 March 3, 2008
Shares,
Series 3
--------------------------------------------------------------------------
Preferred FAL.PR.H Cdn$0.40625 March 14, 2008 March 31, 2008
Shares,
Series H
--------------------------------------------------------------------------


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.

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 additional exposures to platinum group metals, gold, cobalt, lead and silver, recycling facilities and a suite of global technology products, many of which are industry leaders. The 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 50,000 people, including contractors.

Contact Information