Compulsory Acqn of Shares

Rio Tinto PLC 2 June 2000 Rio Tinto to issue compulsory acquisition notices for outstanding Comalco shares Rio Tinto has filed a further Substantial Shareholder Notice with Australian Stock Exchange today showing its holding in Comalco at 95.67%. As previously announced, Rio Tinto has satisfied the requirements for compulsory acquisition under section 661A of the Corporations Law. Rio Tinto now intends to issue compulsory acquisition notices as soon as possible. Rio Tinto's offer is due to close on Monday 5 June at 7:00pm (Australian EST). Rio Tinto intends to pay Comalco shareholders who accept the offer for cash within three business days of receipt of a valid acceptance, and for those accepting for share or cash and share alternatives within five business days of receipt of a valid acceptance. Comalco shareholders whose shares are compulsorily acquired will, of necessity, be paid later than those who choose to accept the offer. For further information, please contact: Media Relations John Hughes + 44 (0) 20 7753 2331 Website: www.riotinto.com

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Rio Tinto (RIO)
UK 100

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