Ashton Mining of Canada

Rio Tinto PLC 13 March 2006 Rio Tinto agrees to acquire shares of Ashton Mining of Canada Rio Tinto has agreed to acquire 5,539,286 common shares of Ashton Mining of Canada Inc. ('Ashton') at a price of C$1.40 per common share in connection with the issuance of common shares of Ashton by way of a public offering qualified by a short form prospectus. This acquisition represents approximately 6.6% of Ashton's current issued and outstanding common shares for gross proceeds to Ashton of C$7,755,000. Following the completion of the acquisition, Rio Tinto (through both Ashton Canada Pty. Limited, an indirect, wholly-owned subsidiary of Rio Tinto Limited, and QIT-Fer et Titane Inc., an indirect, wholly-owned subsidiary of Rio Tinto plc) will hold 49,037,982 common shares of Ashton (representing approximately 51.7% of Ashton's issued and outstanding common shares). Rio Tinto has no present intention of acquiring other securities of Ashton or of disposing of any of the securities of Ashton which it holds. Depending upon its evaluation of Ashton's business, prospects and financial condition, the market for Ashton's securities, general economic conditions and other factors, Rio Tinto may acquire additional securities of Ashton or sell some or all of the securities it holds. For further information, please contact: LONDON AUSTRALIA Media Relations Media Relations Hugh Leggatt Ian Head Office: +44 (0) 20 7753 2273 Office: +61 (0) 3 9283 3620 Mobile: +44 (0) 7764 369 977 Mobile: +61 (0) 408 360 101 Investor Relations Investor Relations Nigel Jones Dave Skinner Office: +44 (0) 20 7753 2401 Office: +61 (0) 3 9283 3628 Mobile: +44 (0) 7917 227 365 Mobile: +61 (0) 408 335 309 David Ovington Susie Creswell Office: +44 (0) 20 7753 2326 Office: +61 (0) 3 9283 3639 Mobile: +44 (0) 7920 010 978 Mobile: +61 (0) 418 933 792 Website: www.riotinto.com This information is provided by RNS The company news service from the London Stock Exchange

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Rio Tinto (RIO)
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