Rio Tinto prices US$3.5 billion of fixed rate bonds

Rio Tinto prices US$3.5 billion of fixed rate bonds

Rio Tinto prices US$3.5 billion of fixed rate bonds

Rio Tinto today priced US$2.0 billion of 5-year and US$1.5 billion of 10-year SEC registered securities. The bonds were issued by Rio Tinto Finance (USA) Limited, with payment of principal and interest fully guaranteed by Rio Tinto plc and Rio Tinto Limited.

The 5-year notes pay a coupon of 8.95 per cent and will mature on 1 May 2014.
The 10-year notes pay a coupon of 9.00 per cent and will mature on 1 May 2019.

Rio Tinto’s chief financial officer Guy Elliott said: “With the bond markets open for business it makes sense for us to be taking advantage of the opportunity. We have had a high level of interest and are very pleased with the outcome. This issue is part of ‘business as usual’ capital management and the normal process of terming out existing debt facilities.”

A copy of the prospectus relating to the offering of the fixed rate bonds can be obtained from the Company at the registered address above, any underwriter or any dealer participating in the offering (Deutsche Bank Securities Inc., toll-free 1-800-503-4611; J.P. Morgan Securities Inc., 1-212-834-4533; and Morgan Stanley & Co. Incorporated, toll-free 1-866-718-1879).

About Rio Tinto

Rio Tinto is a leading international mining group headquartered in the UK, combining Rio Tinto plc, a London and NYSE listed company, and Rio Tinto Limited, which is listed on the Australian Securities Exchange.
Rio Tinto’s business is finding, mining, and processing mineral resources. Major products are aluminium, copper, diamonds, energy (coal and uranium), gold, industrial minerals (borax, titanium dioxide, salt, talc) and iron ore. Activities span the world but are strongly represented in Australia and North America with significant businesses in South America, Asia, Europe and southern Africa.

Contacts:

Media Relations London
Christina Mills
Office: +44 (0) 20 7781 1154
Mobile: +44 (0) 7825 275 605

Nick Cobban
Office: +44 (0) 20 7781 1138
Mobile: +44 (0) 7920 041 003

Media Relations, US
Tony Shaffer
Office: +1 202 393 0266
Mobile: +1 202 256 3667

Media Relations, Australia
Ian Head
Office: +61 (0) 3 9283 3620
Mobile: +61 (0) 408 360 101

Amanda Buckley
Office: +61 (0) 3 9283 3627
Mobile: +61 (0) 419 801 349

Investor Relations, London
Nigel Jones
Office: +44 (0) 20 7781 2049
Mobile: +44 (0) 7917 227 365

David Ovington
Office: +44 (0) 20 7781 2051
Mobile: +44 (0) 7920 010 978

Investor Relations, North America
Jason Combes
Office: +1 (0) 801 204 2919
Mobile: +1 (0) 801 558 2645

Investor Relations, Australia
Dave Skinner
Office: +61 (0) 3 9283 3628
Mobile: +61 (0) 408 335 309

Simon Ellinor
Office: +61 (0) 7 3867 1607
Mobile: +61 (0) 439 102 811

Further information:

Email: questions@riotinto.com

Website: www.riotinto.com

High resolution photographs available at: www.newscast.co.uk