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OAO Russneft (“Russneft”) restructuring-clarification

Baar, Switzerland 

13 March, 2015 

Glencore plc refers to the Russian channel 24 television interview on 11 March 2015 with Mikhail Gutseriev, Chairman of Russneft. In this interview Mr Gutseriev referred to an agreement to issue shares in Russneft to Glencore. 

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