Regulatory update

RNS Number : 8443K

Glencore International PLC

28 August 2012

 



BAAR, Switzerland                                                                                               28 August 2012

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Glencore International plc

 Regulatory update

Glencore International plc (Glencore) notes the announcement by Viterra Inc. (Viterra). Substantially all regulatory approvals have now been received, including competition and foreign investment clearances in Canada and Australia. The sole remaining regulatory approval is the approval of the Ministry of Commerce of the People's Republic of China (MOFCOM) under the Chinese Anti-Monopoly law.

As Viterra's announcement states, Glencore continues to engage with MOFCOM to ensure approval as soon as possible.  MOFCOM is now expected to continue its review into September. Glencore and Viterra will update the market in due course when they expect closing of the acquisition to occur.

For enquiries about Glencore, please contact:

Paul Smith (Investors)	Charles Watenphul (Media)	RLM Finsbury (Media)
t: [phone]	t: [phone]	Guy Lamming
m: [phone]	m:[phone]	Dorothy Burwell
e: [e-mail]	e:[e-mail]	T: [phone]
Elisa Morniroli (Investors)
t: [phone]
m: [phone]
e: [e-mail]

About Glencore International plc

Glencore is one of the world's leading integrated producers and marketers of commodities, headquartered in Baar, Switzerland, and listed on the London and Hong Kong Stock Exchanges. Glencore has worldwide activities in the production, sourcing, processing, refining, transporting, storage, financing and supply of Metals and Minerals, Energy Products and Agricultural Products.

 

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