Rio Tinto prices US$3.5 billion of fixed rate bonds

14 April 2009

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).

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