News: RIO Rio Tinto Announces Funding Plan For Oyu Tolgoi

Sept 10 (Reuters) - Rio Tinto Ltd (RIO) :

• RIO TINTO - FUNDING PLAN FOR OYU TOLGOI
• RIO TINTO - SEEK TO RAISE UP TO $500 MILLION IN ADDITIONAL LENDING UNDER EXISTING PROJECT FINANCING ARRANGEMENTS
• RIO TINTO - ENTERED INTO MOU, WHICH PROVIDES A CLEAR PATHWAY TO PROGRESS FINANCING FOR COMPLETION OF OYU TOLGOI UNDERGROUND PROJECT
• RIO TINTO - RIO TINTO HAS ADVISED TRQ THAT IT DOES NOT CURRENTLY SUPPORT OR EXPECT TO CONSENT TO ANY ADDITIONAL DEBT OR OTHER SOURCES OF FUNDING
• RIO TINTO - EXCEPT IN CONNECTION WITH ANY SUCH EQUITY OFFERING, RIO TINTO HAS NO PRESENT INTENTION OF ACQUIRING ADDITIONAL SECURITIES OF TRQ
• RIO TINTO - ANY BALANCE OF FUNDING REQUIRED FOR OYU TOLGOI TO ACHIEVE COMPLETION OF UNDERGROUND MINE TO NEED TO BE MET BY WAY OF TRQ EQUITY OFFERING