Rio Tinto PLC
08 December 2006
Rio Tinto share repurchase programme
Rio Tinto plc ('Rio Tinto') announces that it has commenced a programme to buy
back shares during the period which commences on 11 December 2006 and ends on
the announcement of Rio Tinto's results on 1 February 2007. The shares will be
held in treasury. The buy back programme will be managed by an independent third
party, which makes its trading decisions in relation to Rio Tinto's securities
independently of, and uninfluenced by, Rio Tinto.
Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both Rio Tinto's general authority to repurchase shares and
Chapter 12 of the Listing Rules which requires that the maximum price paid be
limited to no more than 5 per cent above the average market value for the shares
as derived from the London Stock Exchange Daily Official List for the five
business days immediately prior to such purchase.
Rio Tinto confirms that it currently has no unpublished price sensitive
information.
For further information, please contact:
LONDON AUSTRALIA
Media Relations Media Relations
Nick Cobban Ian Head
Office: +44 (0) 20 7753 2305 Office: +61 (0) 3 9283 3620
Mobile: +44 (0) 7920 041 003 Mobile: +61 (0) 408 360 101
Investor Relations Investor Relations
Nigel Jones Dave Skinner
Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628
Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309
David Ovington Susie Creswell
Office: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639
Mobile: +44 (0) 7920 010 978 Mobile: +61 (0) 418 933 792
Website: www.riotinto.com
High resolution photographs available at: http://www.newscast.co.uk
This information is provided by RNS
The company news service from the London Stock Exchange
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