GLENCORE PLC - GLN - Notice of Distribution Currency Exchange Rates (South African Rand) - Distribution for the half-year

GLN - Notice of Distribution Currency Exchange Rates (South African Rand) - Distribution for the half-year

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
(“Glencore”)

BAAR, SWITZERLAND                                                                     25 AUGUST 2014

NOTICE OF DISTRIBUTION CURRENCY EXCHANGE RATES (SOUTH AFRICAN RAND) - INTERIM
DISTRIBUTION FOR THE HALF-YEAR ENDED 30 JUNE 2014

In Glencore’s half year results announcement released on the Stock Exchange News Service of the JSE
Limited on 20 August 2014, the board of directors declared an interim distribution of US$0.06 per ordinary
share.

The currency exchange rate applicable for the distribution payable to shareholders on the Glencore plc
South African branch register has been determined by reference to the close of business exchange rate
applicable to the South African Rand on Friday 22 August 2014. This rate is as follows:

                                                           Distribution per ordinary
Distribution of US$0.06 per                                Glencore share in South
ordinary Glencore share         Exchange Rate              African Rand                         

South African Rand              10.7050                    ZAR 0.6423

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be
effected during the period from Monday, 1 September 2014, to Friday, 5 September 2014, both days
inclusive, nor will transfers between the Jersey register and the South African register be permitted
between Friday, 29 August 2014, and Friday, 5 September 2014, both dates inclusive.

The interim distribution will be paid on Friday, 19 September 2014.

Additional information for South African shareholders

Following the introduction of Dividend Tax in South Africa, the JSE Listing Requirements were amended
with effect from 1 April 2012 to require the disclosure of additional information in relation to the distribution
payment. The purpose of this note is to provide that additional information.
1.      Dividend Tax will be withheld from the amount of the gross interim distribution of ZAR 0.096345
        South African Rand per ordinary share paid to shareholders on the South African branch register
        at the rate of 15 per cent, unless a shareholder qualifies for an exemption.
2.      After the Dividend Tax has been withheld, the net distribution will be ZAR 0.545955 South African
        Rand per ordinary share.
3.      Glencore had a total of 13,278,405,466 ordinary shares in issue at the distribution declaration
        date of 20 August 2014.
4.      With specific reference to South Africa, Glencore, as a non-resident, was not subject to the
        secondary tax on companies (STC) regime which used to be applicable and therefore no STC
        credits are available for set-off against the Dividend Tax liability on the interim distribution. The
        distribution will be paid out of Glencore’s capital reserves.
5.      For the avoidance of doubt, Dividend Tax, and therefore the information provided in this
        announcement, is of only direct application to shareholders on the South African branch register.

Shareholders on the South African branch register who are in any doubt as to their tax position should
seek independent professional advice.

Distribution enquiries:

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

Investor enquiries:

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 enquiries:

Charles Watenphul
 t: +41 (0) 41 709 2462
 m: +41 (0) 79 904 3320
 e: charles.watenphul@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 employ around 200,000 people, including contractors.

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

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