Director Shareholding-Replcmt

Antofagasta PLC
1 June 2000


The issuer has made the following amendment to the 'Director Shareholding'
announcement released today at 8:14 am under RNS No 5027L.

In Section 12 the price per share should read:

'(Nominal £0.05) Purchase price £3.30' and not '£0.05' as previously stated.

All other details remain unchanged.

The full corrected version is shown below.


                       DEALINGS BY DIRECTORS


1)  NAME OF COMPANY

ANTOFAGASTA PLC

2)  NAME OF DIRECTOR

SR. A. A. LUKSIC 

3)  Please state whether notification indicates that it is in respect of
    holding of the Director named in 2 above or holding of that person's
    spouse or children under the age of 18 or in respect of a non-beneficial
    interest

HOLDING OF THE DIRECTOR NAMED IN 2

4)  Name of the registered holder(s) and, if more than one holder, the
    number of shares held by each of them. (If notified)

LANZVILLE INVESTMENT LIMITED - 150,000 ORDINARY SHARES

5)  Please state whether notification relates to a person(s) connected
    with the Director named in 2 above and identify the connected person(s)

THE DIRECTOR NAMED IN 2 INDIRECTLY CONTROLS LANZVILLE

6)  Please state the nature of the transaction. For PEP transactions
    please indicate whether general/single co PEP and if discretionary/non
    discretionary

SHARE PURCHASE

7)  Number of shares/amount of
    stock acquired

150,000

8)   (0.07% )
    of issued Class

9)  Number of shares/amount
    of stock disposed

    --

10)  (- % )
   of issued Class

11) Class of security

ORDINARY SHARES

12) Price per share

(Nominal £0.05) 
Purchase Price £3.30

13) Date of transaction

31 MAY 2000

14) Date company informed

31 MAY 2000

15) Total holding following this notification

127,107,296 (INCLUDING INTERESTS OF CONNECTED PERSONS)

16) Total percentage holding of issued class following this notification

64.47%

     IF A DIRECTOR HAS BEEN GRANTED OPTIONS BY THE COMPANY PLEASE
                    COMPLETE THE FOLLOWING BOXES

17) Date of grant



18) Period during which or date on which exercisable



19) Total amount paid (if any) for grant of the option



20) Description of shares or debentures involved: class, number.



21) Exercise price (if fixed at time of grant) or indication that price
    is to be fixed at time of exercise



22) Total number of shares or debentures over which options held
    following this notification



23) Any additional information



24) Name of contact and telephone number for queries



25) Name and signature of authorised company official responsible for
    making this notification

     NEIL HERBERT

    Date of Notification.... 1 JUNE 2000 .......................