strong buying by the directors, page-2

G'day Mike,

FYI

Willy Strothotte, aged 63, has been Chairman of Xstrata since February 2002. From 1961 to 1978 Mr Strothotte held various positions with responsibility for international trading in metals and minerals in Germany, Belgium and the USA. In 1978, Mr Strothotte joined Glencore International, taking up the position of Head of Metals and Minerals in 1984. Mr Strothotte was appointed Chief Executive Officer of Glencore in 1993 and held the combined positions of Chairman and Chief Executive Officer from 1994 until 2001, when the roles of Chairman and Chief Executive were split. Mr Strothotte has been Chairman of Xstrata AG since 1994, is the Chairman of Glencore International and is currently a director of Century Aluminium Corporation and Minara Resources Limited.
Ivan Glasenberg, aged 51, was appointed to the Board of Xstrata in February 2002. Mr Glasenberg is Chief Executive Officer of Glencore International, which he joined in 1984. He worked in the coal department of Glencore in South Africa for three years and in Australia for two years. From 1989 to 1990, he managed Glencore International’s Hong Kong and Beijing offices. In 1991 he became Head of the Glencore Coal Department and in 2002 Chief Executive Officer of Glencore International. He is also currently a director of Minara Resources Limited.