Re Dividend

Antofagasta PLC
15 May 2007



                                Antofagasta plc

 Final (including Special) Dividend of 43 cents per ordinary share - Dividend no
                        24 - amount payable in sterling

London, 15 May 2007

Further to the final results announcement of 13 March 2007, the sterling
equivalent of the recommended final dividend of 43 cents will be 21.7117 pence
per ordinary share. This is based on an exchange rate of £1 = US$ 1.9805.

Payment of the dividend is scheduled for Thursday 14 June 2007.

Further details relating to the dividend are given on page 8 of the Notice of
Annual General Meeting 2007.


Enquiries                                                              Issued by

Antofagasta plc                                             Bankside Consultants
Tel: [phone]                                      Tel: [phone]
www.antofagasta.co.uk

Desmond O'Conor                                                      Keith Irons
Email: [e-mail]                       Email: [e-mail]

Hussein Barma                                                     Oliver Winters
Email: [e-mail]               Email: [e-mail]




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