REGULATORY ANNOUNCEMENT

Notification of transactions of directors, persons discharging managerial responsibility or connected persons

Zug, 3 December 2012

1. Name of the issuer

Xstrata plc

2. State whether the notification relates to (i) a transaction notified in accordance with DTR 3.1.2R; or (ii) a disclosure made in accordance with section 793 of the Companies Act 2006

Notification relates to a transaction notified in accordance with DTR 3.1.2R

3. Name of director

Santiago Zaldumbide

4. State whether notification relates to a person connected with the director named in 3.

Notification does not relate to a person connected with the director

5. Description of shares (including class)

Ordinary shares of US$0.50 each ("shares") in Xstrata plc

6. State the nature of the transactions


i) (a) The exercise of 743,920 options granted on 12 March 2009 under the Xstrata Long Term Incentive Plan at the option price of £3.3475 per share and the sale of such shares at £10.2531 per share; and (b) The exercise of 58,149 nil cost options on shares granted under the Xstrata Executive Committee Annual Bonus Plan and the sale of such shares at £10.2531 per share.
ii) The sale of 258,126 shares at £10.2346
Since November 2011, Xstrata has been in a "prohibited period" for the purposes of the Model Code and, as a result, Mr Zaldumbide has been restricted from exercising any of his options over, or awards in respect of, Xstrata shares and from otherwise dealing in Xstrata shares. This "prohibited period" ended following the conclusion of the Xstrata shareholder meetings on Tuesday, 20 November 2012 and the announcement by the European Commission on Thursday, 22 November 2012 that it has cleared under the EU Merger Regulation the proposed acquisition of Xstrata by Glencore. The (i) exercise by Mr Zaldumbide of the options over Xstrata shares referred to above, and his instruction to the trustee of Xstrata's employee share ownership trust to immediately sell the shares arising from such exercise and (ii) the sale of the 258,126 Xstrata shares also referred to above (which vested under the terms of Xstrata Long-Term Incentive Plan and Annual Bonus Plan), is, in each case, part of a regular portfolio management exercise undertaken by Mr Zaldumbide.

2 | Xstrata plc Regulatory Announcement

7. Date and place of transactions

29 November 2012 - London

8. Date issuer informed of transactions

3 December 2012

Name of duly authorised officer of issuer responsible for making notification

Richard P Elliston

9. Date of Notification

3 December 2012

End

Neither the content of the company's website nor the content of any other website accessible from hyperlinks on the company's website is incorporated into, or forms part of, this announcement

Xstrata contacts:

Alison Flynn Richard Elliston

Telephone

+44 20 7968 2838

Telephone

+44 20 7968 2885

Mobile

+44 20 7769 314 374

Mobile

+44 20 7759 924 576

Email www.xstrata.com

aflynn@xstrata.com

Email

relliston@xstrata.com

Notes to editors

About Xstrata plc

We are a major producer of a range of vital commodities used in everything from constructing buildings and delivering electricity, to developing jet engines and mobile phones. We are one of the top five global producers of copper, thermal and metallurgical coal, ferrochrome, zinc and nickel and we also produce silver, lead, platinum, gold, cobalt and vanadium.

Founded in 2002 and headquartered in Switzerland, we operate in over 20 countries and employ over

70,000 people at more than 100 operations and projects around the world. We work in a responsible and sustainable way, with an entrepreneurial spirit and dynamic approach. For more information, visit www.xstrata.com.

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