Appointment of CEO

Antofagasta PLC 01 December 2004 APPOINTMENT OF CHIEF EXECUTIVE OFFICER ANTOFAGASTA MINERALS S.A. LONDON: 1 December 2004 - Further to its announcement on 5 November 2004 relating to the appointment of Mr. Jean-Paul Luksic as Chairman, Antofagasta plc today announces the appointment of Mr. Marcelo Awad, previously Senior Commercial Vice-President of Antofagasta Minerals S.A. (AMSA), the Group's mining division, as Chief Executive Officer of AMSA. This position was previously held by Jean-Paul Luksic. Note to editors: Antofagasta plc is a Chilean Mining Group listed on the London Stock Exchange and a constituent of the FTSE100. AMSA is the main mining subsidiary of Antofagasta plc. The Group expects copper production to exceed 490,000 tonnes in 2004. Mr. Awad was a Director of the London Metal Exchange until 1993 and Managing Director of Codelco, London, between 1990 and 1994. He then returned to Chile as Executive Vice-President of Copper Trading and Futures for the Codelco Group of companies before joining AMSA in 1996. Ends Enquiries: Philip Adeane Desmond R. O'Conor nwakefield@antofagasta.co.uk doconor@antofagasta.co.uk Tel: +44 207 808 0988 Tel: +44 207 808 0988 Alejandro Rivera arivera@aminerals.cl Tel: +562 377 5278 This information is provided by RNS The company news service from the London Stock Exchange

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Antofagasta (ANTO)
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