GLN - Lonmin distribution - Further information 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 11 May, 2015 Lonmin Distribution – further information At Glencore plc’s (“Glencore” or the “Company”) AGM on 7 May 2015 the resolution to approve a distribution in specie of the Company’s holding in Lonmin plc (“Lonmin”) was passed. The entitlement is of approximately 1.07 Lonmin shares for every 100 Glencore shares held. All entitlements will be rounded down to the nearest whole number of Lonmin shares. A further announcement detailing the exact entitlement will be released on or before 15 May 2015. Details regarding the distribution are contained in the supplement sent to shareholders last month entitled “Further Details of the Lonmin Distribution”. This document can be found at: http://www.glencore.com/assets/investors/doc/shareholder_centre/20150507-Supplement-concerning- distribution-in-specie.pdf In particular this contains details on the following: - An explanation of who is regarded an Excluded Shareholder and is therefore able to participate in the Managed Sale (page 3). Shareholders who are not Excluded Shareholders and who hold more than 30,000 Glencore shares are not able to participate in the Managed Sale. - The position for U.S. shareholders or those who are acting on behalf of a U.S. shareholder and how to obtain a U.S QIB Letter or U.S. Non-QIB Letter (pages 3 and 4) - Information regarding the conduct of the Managed Sale (page 8) - Information regarding how to complete the Form of Election (pages 10 and 11) - A summary guide for taxation purposes (Part III) All capitalised terms in this announcement are defined in the supplement. The Company has previously announced the following timetable for the distribution event and this remains unchanged: All cross border movements of Glencore shares between the Jersey register and Hong 7 May 2015 to Kong and South Africa branch registers halted 15 May 2015 (inclusive) Election entitlement stock line to be credited for CREST shareholders, CREST nominee 9 a.m. CEST holders (Jersey register) and CSDP (South Africa branch register) 11 May 2015 Ex-distribution date in respect of the Lonmin distribution (South Africa branch register) 11 May 2015 Ex-distribution date in respect of the Lonmin distribution (Hong Kong branch register) 14 May 2015 Ex-distribution date in respect of the Lonmin distribution (Jersey register) 14 May 2015 Last time for U.S. QIB and Non-QIB investor letters to be received 1 p.m. CEST 15 May 2015 Last time for elections in respect of the Lonmin distribution to be received (where 1 p.m. CEST applicable) 15 May 2015 Lonmin distribution record date 7 p.m. CEST 15 May 2015 Transfer of Lonmin Shares to relevant Glencore shareholders (certificated Lonmin 9 June 2015 Shares distributed and CREST/CSDP accounts credited) Payment of net cash proceeds of sale to relevant Glencore shareholders 9 June 2015 For further information please contact: 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 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 Pam Bell t: +41 (0) 41 709 2462 t: +44 20 7412 3471 m: +41 (0) 79 904 3320 m: +44 7799 626 715 e: charles.watenphul@glencore.com e: pam.bell@glencore.co.uk 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. 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