Re: Dividend

Antofagasta PLC 16 May 2006 Antofagasta plc Recommended Final (including Special) Dividend of 94 cents per ordinary share-Dividend no 22 - amount payable in sterling London, 16 May 2006 Further to the preliminary results announcement of 14 March 2006, the sterling equivalent of the recommended final dividend of 94 cents will be 49.9442 pence per ordinary share. This is based on an exchange rate of £1 = US$ 1.8821. Payment of the dividend is scheduled for Thursday 15 June 2006 subject to shareholders' approval at the Annual General Meeting of Antofagasta plc on 14 June 2006. Further details relating to the dividend are given in the preliminary results announcement of 14 March 2006. Enquiries Issued by Antofagasta plc Bankside Consultants Tel: +44 20 7808 0988 Tel: +44 20 7367 8873 www.antofagasta.co.uk Desmond O'Conor Keith Irons Email: doconor@antofagasta.co.uk Email: keith@bankside.com Oliver Winters Hussein Barma Email: oliver.winters@bankside.com Email: hbarma@antofagasta.co.uk This information is provided by RNS The company news service from the London Stock Exchange

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Antofagasta (ANTO)
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