Glencore International Holding in Xstrata.

0 Comments | M2 Presswire, December, 2006

M2 PRESSWIRE-6 December 2006-Xstrata plc: Glencore International Holding in Xstrata(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:06122006 Zug - Xstrata plc ("Xstrata") announces that it has been advised by Glencore International AG ("Glencore") thatthe agreement between Glencore and the Credit Suisse Group (the "Capital Management Arrangement") has been extended.Glencore entered into the Capital Management Arrangement with the Credit Suisse Groupin connection with the XstrataGroup's acquisition of MIM Holdings Limited andassociated rights issue in 2003.

The agreement was due to expire on 2 December 2006, unless extended. Glencore,throughits wholly-owned subsidiary Finges BV ("Finges"),currently owns185,240,733 Xstrata ordinary shares (representing...

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