Chief Executive Leon Davis Announces Retirement

Rio Tinto PLC 2 November 1999 Rio Tinto Chief Executive Announces Retirement Leon Davis has advised his intention to retire as Chief Executive of Rio Tinto in April next year, when he will be 61. He intends to return to Australia. Leigh Clifford, 52, who is currently Chief Executive of the Rio Tinto Energy group will replace Mr. Davis. Leigh Clifford joined the Group in 1970. He has been a director of Rio Tinto plc since 1994 and of Rio Tinto Ltd. since 1995. Robert Wilson will remain Executive Chairman. Leon Davis has agreed to remain on the board following his return to Australia and will become non-executive Deputy Chairman. Richard Giordano, who is the nominated senior non- executive director of Rio Tinto, also assumes the role of Deputy Chairman, with immediate effect. For further information contact: Media Relations Investor Relations Alexis Fernandez Peter Jarvis + 44 207 753 2305 + 44 207 753 2401 Note to Editors: (1) All the appointments referred to above, relate to both Rio Tinto plc and Rio Tinto Ltd. (2) Biography of Leigh Clifford is attached. RICHARD LEIGH CLIFFORD Leigh Clifford joined the former CRA mining group in Australia in 1970, where he worked principally in CRA's lead/zinc and coal operations. His previous experience included periods with the company's lead and zinc operations in Broken Hill, Corporate Headquarters, and various roles within Kembla Coal & Coke in New South Wales. Mr. Clifford was appointed a Group Executive of CRA in 1988, responsible for CRA's investments in Energy, including the joint venture with BP Amoco in the Kaltim Prima Coal Project in Indonesia and the New South Wales and Queensland coal interests. He was also responsible for the Kelian Equatorial Mining gold project in Indonesia. In 1994 he was seconded to the RTZ Corporation PLC, London, and joined the Board as a Mining Director. His responsibilities covered the company's business interests in various parts of the world. Mr. Clifford returned to Melbourne in 1996 to take up his new appointment as Managing Director, CRA Limited. During this time he was also a director of Freeport Copper & Gold in the US and Chairman of Comalco Ltd in Australia. Following the re-organization of Rio Tinto in 1997, Mr. Clifford became Chief Executive Energy and has been based in London since April1999. He is a Director of Rio Tinto Limited and Rio Tinto plc. Born in South Australia in 1947, Mr Clifford is a graduate of Melbourne University with a First Class Honors Degree in Engineering (Mining), and a Master of Engineering Science Degree. He is currently a Fellow of the Australasian Institute of Mining and Metallurgy Chairman of the Coal Industry Advisory Board of the International Energy Agency. He is married with 2 daughters and lives in London.

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