Exercise of option to acquire a further 10% interest in Xstrata’s South African coal business, excluding Goesgevonden JV
13 October 2006
Further to the announcements dated 31 August 2006 and 11 September 2006, ARM and Xstrata are pleased to announce that the final transaction documents in relation to ARM exercising the option granted by Xstrata South Africa (Proprietary) Limited (“XSA”) to acquire a direct equitybased participation interest in XSA’s coal business, excluding the Goedgevonden joint venture, of 10%, have been signed.
Johannesburg
13 October 2006
Financial adviser and sponsor to ARM
Deutsche Securities (SA) (Pty) Ltd
Investment Bank to Xstrata
Standard Bank
Attorneys to ARM
Bowman Gilfillan
Attorneys to Xstrata
Werksmans Inc.