Glencore : Convertible Bond Repurchases 1 July 2014

Baar, Switzerland
1 July, 2014

Glencore Finance (Europe) S.A. announces repurchases of a number of its USD2,300,000,000 5.00 per cent. Convertible Bonds due 2014 (ISIN XS0475310396) (the "Bonds") convertible into shares of Glencore plc

In accordance with Listing Rule 12.5.2, Glencore Finance (Europe) S.A. ("Glencore") hereby announces that it has repurchased USD55,400,000 in aggregate principal amount of Bonds in a number of individual transactions since its previous announcement on 16 June 2014.

The repurchased Bonds have been or will be cancelled in accordance with their terms and conditions. It is expected that USD1,722,900,000 in aggregate principal amount of Bonds will remain outstanding immediately following such cancellations.

About Glencore

Glencore plc is one of the world's largest global diversified natural resource companies. As a leading integrated producer and marketer of commodities with a well-balanced portfolio of diverse industrial assets, we are strongly positioned to capture value at every stage of the supply chain, from sourcing materials deep underground to delivering products to an international customer base.

The Group's industrial and marketing activities are supported by a global network of more than 90 offices located in over 50 countries. Our diversified operations comprise over 150 mining and metallurgical sites, offshore oil production assets, farms and agricultural facilities. We employ approximately 200,000 people, including contractors.