BlackRock Group - Rule 8.3- Xstrata PLC

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Tue Jan 22, 2008 6:38am EST

RNS Number:2716M
BlackRock Group
22 January 2008

                                                                        FORM 8.3



    DEALINGS BY PERSONS WITH INTERESTS IN SECURITIES REPRESENTING 1% OR MORE

              (Rule 8.3 of the City Code on Takeovers and Mergers)



1.         KEY INFORMATION


Name of person dealing  (Note 1)          BlackRock Group
Company dealt in                          Xstrata Plc
Class of relevant security to which the   USD 0.50 Ordinary shares
dealings being disclosed relate (Note 2)
Date of dealing                           21st January 2008



2.         INTERESTS, SHORT POSITIONS AND RIGHTS TO SUBSCRIBE


(a) Interests and short positions (following dealing) in the class of relevant security dealt in (Note 3)


                                                                  Long                   Short
                                                                  Number        (%)      Number     (%)
(1) Relevant securities                                            30,313,221    3.12%
(2) Derivatives (other than options)                                 142,055     0.01%
(3) Options and agreements to purchase/sell                          450,000     0.04%    -132,500   -0.01%
Total                                                              30,905,276    3.18%    -132,500   -0.01%


(b) Interests and short positions in relevant securities of the company, other than the class dealt in (Note 3)


 Class of relevant security:                                           Long             Short
                                                                       Number    (%)    Number    (%)
(1) Relevant securities
(2) Derivatives (other than options)
(3) Options and agreements to purchase/sell
Total



(c)        Rights to subscribe (Note 3)


Class of relevant security:                  Details






3.         DEALINGS (Note 4)

 (a)       Purchases and sales


Purchase/sale                      Number of securities              Price per unit (Note 5)


Purchase                           1,930                             GBP 32.09
Purchase                           12,439                            GBP 33.75
Sale                               77,000                            GBP 32.0372
Sale                               73,000                            GBP 33.15
Sale                               900                               GBP 34.66



(b)       Derivatives transactions (other than options)


 Product name, e.g. Long/short (Note 6)     Number of securities (Note 7)    Price per unit (Note 5)
CFD

CFD                 Long                    9,000                            GBP 32.70





(c)        Options transactions in respect of existing securities

(i)         Writing, selling, purchasing or varying


Product name    Writing,         Number of       Exercise price   Type, e.g.       Expiry date  Option moneypaid
,e.g. call      selling,         securities to                    American,                     /received per
option          purchasing,      which the                        European etc.                 unit (Note 5)
                varying etc.     option relates
                                 (Note 7)






 (ii)       Exercising


Product name, e.g. call option       Number of securities                Exercise price per unit (Note 5)






(d)       Other dealings (including new securities) (Note 4)


Nature of transaction (Note 8)       Details                             Price per unit (if applicable) (Note
                                                                         5)






4.         OTHER INFORMATION



Agreements, arrangements or understandings relating to options or derivatives



Full details of any agreement, arrangement or understanding between the person
disclosing and any other person relating to the voting rights of any relevant
securities under any option referred to on this form or relating to the voting
rights or future acquisition or disposal of any relevant securities to which any
derivative referred to on this form is referenced.  If none, this should be
stated.



None...........................................................................
...



..............................................................................



Is a Supplemental Form 8 attached? (Note 9)
                         YES


Date of disclosure                                          22nd January 2008
Contact name                                                Louise Lyle
Telephone number                                            0131 472 7472
If a connected EFM, name of offeree/offeror with which      Companhia Vale do Rio Doce
connected
If a connected EFM, state nature of connection (Note 10)    N/A



Notes

The Notes on Form 8.3 can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk






                                                             SUPPLEMENTAL FORM 8





                           DETAILS OF OPEN POSITIONS

   (This form should be attached to Form 8.1, Form 8.1(b)(ii) or Form 8.3, as
                                  appropriate)









OPEN POSITIONS (Note 1)


Product name,        Written or      Number of securities   Exercise price   Type, e.g.     Expiry date
                     purchased       to which the option or (Note 2)         American,
e.g. call option                     derivative relates                      European etc.


Call Option          Sold            - 62,000               GBP 36.435       European       5 February 2008
Call Option          Sold            - 70,500               GBP 37.3987      European       4 March 2008
Put Option           Sold            + 450,000              GBP 34.00        American       20 March 2008



Notes



1. Where there are open option positions or open derivative positions (except
for CFDs), full details should be given.  Full details of any existing
agreements to purchase or to sell should also be given on this form.



2. For all prices and other monetary amounts, the currency must be stated.



For details of the Code's dealing disclosure requirements, see Rule 8 and its
Notes which can be viewed on the Takeover Panel's website at
www.thetakeoverpanel.org.uk


























                      This information is provided by RNS
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