Merger Update

RNS Number : 0520Y

Glencore International PLC

24 February 2012

 



24 FEBRUARY, 2012

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION

NEW RELEASE

Glencore International plc

Merger Update - European Commission

After constructive consultation with the European Commission, the merger of Glencore International plc ("Glencore") and Xstrata plc ("Xstrata") will be notified to the European Commission under the EU merger regulation. Each of Glencore and Xstrata are familiar with the Commission's merger control process and together look forward to working with the Commission in a process which avoids the need for multiple filings with national Member State authorities. The parties expect the merger between Glencore and Xstrata  not to result in any negative impact on competition in the commodity markets in which the two companies operate.  In fact, the merged firm is expected to be able to offer customers a wider range of products and services and provide improved security of supply to satisfy customer demand.

For enquiries about Glencore, please contact:

Paul Smith (Investors)	Simon Buerk (Media)	John Burton (Company Secretary)
t: [phone]	t: [phone]	t: [phone]
m: [phone]	m: [phone]	m: [phone]
e: [e-mail]	e: [e-mail]	e: [e-mail]
Elisa Morniroli (Investors)	Charles Watenphul (Media)
t: [phone]	t: [phone]
m: [phone]	m: [phone]
e: [e-mail]	e: [e-mail]

Publication on Website

A copy of this announcement will be available Glencore's website at www.glencore.com by no later than 12 noon (London time) on the business day following the date of this announcement.

You may request a hard copy of this announcement, free of charge, by contacting the Company Secretary of Glencore, John Burton, at [e-mail]. You may also request that all future documents, announcements and information to be sent to you in relation to the merger should be in hard copy form.

 

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