GLENCORE PLC - GLN - Distribution of shares in Lonmin plc Managed Sale outcome

GLN - Distribution of shares in Lonmin plc Managed Sale outcome

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
5 June, 2015

Distribution of shares in Lonmin plc-Managed Sale outcome

Further to Glencore plc's (the Company) circular to shareholders in April and subsequent announcements,
Glencore announces that the Managed Sale (as defined in the circular) has been completed and proceeds
converted into applicable currencies in accordance with existing elections as follows:

Number of shares sold in Lonmin plc (Lonmin): 3,983,350

Approximate currency translation rates against GBP:

       USD                   CHF                  Euro                 ZAR                   HKD
      1.5327                1.4318               1.3773               18.7521              11.8888

Approximate net proceeds of sale per Lonmin share:

      Pounds Sterling              1.3837
      US Dollars                   2.1208
      Swiss Francs                 1.9812
      Euro                         1.9058
      South African Rand           25.9482
      Hong Kong Dollar             16.4511

These proceeds are payable in accordance with the distribution ratio of approximately 1.079134 Lonmin shares
for every 100 Glencore shares held.

As previously notified, on 9 June:

    1. the applicable proceeds of the Managed Sale will be paid to the relevant shareholders; and
    2. the remaining shareholders will have the distribution shares in Lonmin remitted to them.

For further information please contact:

Company secretarial:
John Burton
t: +41 (0) 41 709 2619
m: +41 (0) 79 944 5434
e: john.burton@glencore.com

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

Media:
Charles Watenphul
t: +41 (0) 41 709 2462
m: +41 (0) 79 904 3320
e: charles.watenphul@glencore.com k

www.glencore.com
www.youtube.com/glencorevideos

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 181,000 people, including contractors.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the
International Council on Mining and Metals. We are an active participant in the Extractive Industries
Transparency Initiative.

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

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