Compulsory Acqn of Shares

Rio Tinto PLC 18 August 2000 Rio Tinto to issue compulsory acquisition notices for outstanding North shares Rio Tinto has filed a further Substantial Shareholder Notice with the Australian Stock Exchange today showing its holding in North at 91.48%. Rio Tinto has now satisfied the requirements for compulsory acquisition under section 661A of the Australian Corporations Law and intends to issue compulsory acquisition notices as soon as possible. Rio Tinto's offer is due to close on Monday 28 August 2000 at 7:30pm AEST. Rio Tinto intends to pay North shareholders who accept the offer within three business days of receipt of a valid acceptance. North shareholders whose shares are compulsorily acquired will, of necessity, be paid later than those who choose to accept the offer. For further information, please contact: Media Relations Investor Relations Lisa Cullimore Peter Jarvis + 44 (0) 20 7753 2305 + 44 (0) 20 7753 2401 Website: www.riotinto.com

Companies

Rio Tinto (RIO)
UK 100

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