Xstrata plc
LSE : XTA
ZIMBABWE : XTA.S

Xstrata plc

March 14, 2008 16:15 ET

Xstrata Subsidiary Xstrata Canada Corporation Declares Preferred Share Dividends

TORONTO, ONTARIO--(Marketwire - March 14, 2008) - Xstrata plc (LSE:XTA)(ZSE:XTA.S) subsidiary, Xstrata Canada Corporation ("XCC"), has declared the following preferred share dividends:



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Dividend
Name of Trading Amount
XCC Security Symbol Per Share Record Date Payable Date
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Preferred Shares, FAL.PR.A Floating rate March 31, 2008 April 14, 2008
Series 2 Floating rate April 30, 2008 May 12, 2008
Floating rate May 30, 2008 June 12, 2008
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Preferred Shares,
Series 3 FAL.PR.B Cdn$0.2863 May 15, 2008 June 2, 2008
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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. 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.

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