Board changes

The Board of Glencore Xstrata plc notes the results of the Company’s AGM votes today in relation to its directors. Accordingly, its nominations committee is meeting today with a view to seek candidates for its Board in addition to continuing a search process for a new Chairman. As previously indicated, the Board will consult with its major external shareholders appropriately as part of this exercise. Given that Sir John Bond is no longer a director, the board has appointed Tony Hayward as interim chairman with immediate effect with the intention that he will step down once a new chairman takes up the role.

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