Rio Tinto : Shareholdings of PDMR

Notice to ASX/LSE

Shareholdings of directors and persons discharging managerial responsibility (PDMR)

22 October 2020

As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

Global Employee Share Plan (myShare)

Under myShare employees are able to purchase, on a quarterly basis, Rio Tinto plc ordinary shares of 10p each, Rio Tinto plc ADRs or Rio Tinto Limited ordinary shares ('shares'). Shares are purchased out of monthly deductions from salary and participants are allocated an equivalent number of shares or ADRs free of charge ('matching shares' and 'matching ADRs'), conditional upon satisfying the terms of myShare. The matching shares or matching ADRs are subject to a three year holding period, and vest after this period.

Upon vesting, on 17 October 2020, the following PDMR received matching shares or matching ADRs under myShare, of which sufficient were sold on 20 October 2020 to pay applicable withholding tax and other deductions.

Security	Name of PDMR	No: of	No: of	No: of	Price per	No: of
		Matching	Shares	Shares	Share Sold	Shares
		Shares	Vested*	Sold		Retained
		Granted
Rio Tinto	Baatar, Bold	20.1581	24.5091	10.2941	45.622425	14.2150
plc shares					GBP
Rio Tinto	Barrios, Alfredo	20.9996	25.5320	12.2014	45.622425	13.3306
plc shares					GBP
Rio Tinto	Jacques,	10.0790	12.2541	5.1467	45.622425	7.1074
plc shares	Jean-Sébastien				GBP
Rio Tinto	Trott, Simon	19.5497	23.3478	N/A	N/A	23.3478
Limited
shares
Rio Tinto	Vella, Ivan	16.7808	20.0408	N/A	N/A	20.0408
Limited
shares

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted, in accordance with the plan rules.

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

This announcement is authorised for release to the market by Rio Tinto's Group Company Secretary.

Steve Allen	Tim Paine
Group Company Secretary	Joint Company Secretary
Rio Tinto plc	Rio Tinto Limited
6 St James's Square	Level 7, 360 Collins Street
London SW1Y 4AD	Melbourne 3000
United Kingdom	Australia
T [phone]	T [phone]
Registered in England	Registered in Australia
No. 719885	ABN 96 004 458 404

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