UC RUSAL - Response to press speculation

RNS Number : 9831A

Glencore International PLC

10 April 2012

 



BAAR, SWITZERLAND                                                                                                                         10 April 2012

UC RUSAL - Response to press speculation

Glencore notes the recent announcement made by United Company RUSAL plc ("UC RUSAL") in response to certain press articles stating that it has received a request for arbitration following Mr Vekselberg's resignation from the Board of UC Rusal. Glencore owns 8.75 per cent. of UC RUSAL.

Glencore confirms that on 4 April 2012 Glencore International AG also received the request for arbitration. Due to the confidentiality obligations in the UC RUSAL shareholder arrangements, Glencore does not intend to comment further in relation to the arbitration proceedings.

For further information, please contact:

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

 

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