Xstrata PLC : Public dealing disclosure by a party to an offer or person acting in concert

FORM 8 (DD)
PUBLIC DEALING DISCLOSURE BY A PARTY TO AN OFFER OR PERSON ACTING IN CONCERT (INCLUDING DEALINGS FOR THE ACCOUNT OF DISCRETIONARY INVESTMENT CLIENTS)
Rules 8.1, 8.2 and 8.4 of the Takeover Code (the "Code")
1. KEY INFORMATION

(a) Identity of the party to the offer or person acting in concert making the disclosure:	David Rough
(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree	Xstrata plc
(d) Status of person making the disclosure: e.g. offeror, offeree, person acting in concert with the offeror/offeree (specify name of offeror/offeree)	Person acting in concert with the offeree
(e) Date dealing undertaken:	18 December 2012
(f) Has the party previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?	No

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE
(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing

Class of relevant security:	Ordinary shares
	Interests	Short positions
	Number	%	Number	%
(1) Relevant securities owned and/or controlled:	3,000	0.0000
(2) Derivatives (other than options):
(3) Options and agreements to purchase/sell:
TOTAL:	3,000	0.000

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

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(b) Rights to subscribe for new securities (including directors' and other executive options)

Class of relevant security in relation to which subscription right exists:
Details, including nature of the rights concerned and relevant percentages:	None

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS BY THE PERSON MAKING THE DISCLOSURE (a) Purchases and sales

Class of relevant security	Purchase/sale	Number of securities	Price per unit
Ordinary shares with a nominal value of $0.50	Sale*	7,000	£10.50

*Since November 2011, Xstrata has been in a "prohibited period" for the purposes of the Model Code and, as a result, Mr Rough has been restricted from selling Xstrata shares. This "prohibited period" ended following the conclusion of the Xstrata shareholder meetings on Tuesday, 20 November 2012 and the announcement by the European Commission on Thursday, 22 November 2012 that it has cleared under the EU Merger Regulation the proposed acquisition of Xstrata by Glencore. The sale of shares is part of a portfolio management exercise being undertaken by Mr Rough.

(b) Derivatives transactions (other than options)

Class of relevant security	Product description e.g. CFD	Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position	Number of reference securities	Price per unit
None

(c) Options transactions in respect of existing securities
(i) Writing, selling, purchasing or varying

Class of relevan t securit y	Product descriptio n e.g. call option	Writing, purchasing , selling, varying etc.	Number of securitie s to which option relates	Exercis e price per unit	Type e.g. American , Europea n etc.	Expir y date	Option money paid/ receive d per unit
None

(ii) Exercising

Class of relevant security	Product description e.g. call option	Number of securities	Exercise price per unit
None

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(d) Other dealings (including subscribing for new securities)

Class of relevant security	Nature of dealing e.g. subscription, conversion	Details	Price per unit (if applicable)
None

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements
Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer or person acting in concert making the disclosure and any other person:

If there are no such agreements, arrangements or understandings, state "none"

None

(b) Agreements, arrangements or understandings relating to options or derivatives
Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer or person acting in concert making the disclosure and any other person relating to:
(i) the voting rights of any relevant securities under any option; or
(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

None

(c) Attachments
Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	NO
Supplemental Form 8 (SBL)	NO

Date of disclosure:	19 December 2012
Contact name:	Richard Elliston
Telephone number:	[phone]

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information

Service and must also be emailed to the Takeover Panel at [e-mail] .

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The Pane/'s Market Surveil/ance Unit is avai/ab/e far consultation in relation to the Code's dealing disc/osure requirements on [phone].

The Code can be viewed on the Pane/'s website at www.thetakeoverpanel.org.uk.