GLENCORE PLC - GLN - Share Buyback Programme

GLN - Share Buyback Programme

GLENCORE PLC
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
HKSE Share Code: 805HK
ISIN: JE00B4T3BW64

Baar, Switzerland
24 December, 2014

Share buy-back programme

Glencore plc (the “Company”) has entered into an irrevocable agreement with Citigroup Global Markets
Limited (“Citi”) to continue its share buy-back programme next year to repurchase on its behalf ordinary
shares of the Company (the “Shares”) to be held in treasury, subject to a maximum aggregate
consideration of GBP120 million. This agreement is for the period commencing on 2 January 2015 and
ending not later than 24 March 2015. Any buy-back of the Shares pursuant to the agreement will be
effected in accordance with Chapter 12 of the UKLA Listing Rules and the Company’s general authority by
shareholders to repurchase shares. Existing arrangements concerning the buy-back programme will
continue during 2014.

Citi may undertake transactions in the Shares (which may include sales as well as purchases and may
include participation in block purchases) in order to meet its obligations pursuant to this agreement.

For further information please contact:

Investor:
Paul Smith                           Martin Fewings                      Elisa Morniroli
t: +41 (0) 41 709 2487               t: +41 (0) 41 709 2880              t: +41 (0) 41 709 2818
m: +41 (0) 79 947 1348               m: +41 (0) 79 737 5642              m: +41 (0) 79 833 0508
e: paul.smith@glencore.com           e: martin.fewings@glencore.com      e: elisa.morniroli@glencore.com

Media:
Charles Watenphul                    Finsbury
t: +41 (0) 41 709 2462               Guy Lamming / Dorothy Burwell
m: +41 (0) 79 904 3320               t: +44 (0) 20 7251 3801
e: charles.watenphul@glencore.com

Company secretarial:
John Burton                          Nicola Barrett
t: +41 (0) 41 709 2619               t: +41 (0) 41 709 2755
m: +41 (0) 79 944 5434               m: +41 (0) 79 735 3916
e: john.burton@glencore.com          e: nicola.barrett@glencore.com

www.glencore.com

About Glencore
Glencore is one of the world’s largest global diversified natural resource companies and a major producer
and marketer of more than 90 commodities. The Group's operations comprise of over 150 mining and
metallurgical sites, oil production assets and agricultural facilities.

With a strong footprint in both established and emerging regions for natural resources, Glencore's
industrial and marketing activities are supported by a global network of more than 90 offices located in
over 50 countries.

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation,
oil and food processing. We also provide financing, logistics and other services to producers and
consumers of commodities. Glencore's companies employ around 200,000 people, including contractors.

SPONSOR
Absa Bank Limited (acting through its Corporate and Investment Banking Division)

Date: 24/12/2014 09:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.