Offer Update

Rio Tinto PLC 10 November 2000 Rio Tinto's shareholding in Ashton is now 50.36% Since releasing a statement earlier today announcing details of its Offer terms for Ashton, Rio Tinto has received further acceptances that now give it a relevant interest in 50.36% of the issued shares of Ashton. This increased interest does not alter Rio Tinto's scheduled closing date of Monday, 27 November 2000 for the Offer. For further information, please contact: Media Relations Investor Relations Lisa Cullimore Peter Jarvis + 44 (0) 20 7753 2305 + 44 (0) 20 7753 2401 Website: www.riotinto.com

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Rio Tinto (RIO)
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