FORM 8.3

           PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY

    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE

                  Rule 8.3 of the Takeover Code (the "Code")

1. KEY INFORMATION

(a) Identity of the person whose positions/ Magnetar Financial (UK) LLP dealings are being disclosed:


(b) Owner or controller of interests and short N/A
positions disclosed, if different from 1(a):

The naming of nominee or vehicle companies is
insufficient

(c) Name of offeror/offeree in relation to Glencore International Plc whose relevant securities this form relates:


Use a separate form for each offeror/offeree

(d) If an exempt fund manager connected with   N/A
an offeror/offeree, state this and specify
identity of offeror/offeree:

(e) Date position held/dealing undertaken:     April 15, 2013

(f) Has the discloser previously disclosed, or Yes
are they today disclosing, under the Code in

respect of any other party to this offer? If YES, specify which: Xstrata

                                               Plc

2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE

(a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)


Class of relevant security:                  Convertible Bond

                                      Interests            Short positions


        Number                %          Number         %

(1) Relevant securities  56,500,000      2.35%
owned and/or
controlled:

(2) Derivatives (other
than options):

(3) Options and
agreements to purchase/
sell:

TOTAL:                   56,500,000      2.35%

Class of relevant security:                    Common Stock

                                     Interests            Short positions

                                  Number         %        Number         %

(1) Relevant securities owned                          4,717,649 USD  .07%
and/or controlled:
                                                      27,006,695 GBP  .38%

(2) Derivatives (other than
options):

(3) Options and agreements to
purchase/sell:

TOTAL:                                                  31,724,344    .45%

All interests and all short positions should be disclosed.

Details of any open derivative or option positions, or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

(b) Rights to subscribe for new securities (including directors' and other executive options)


Class of relevant security in
relation to which subscription right
exists:

Details, including nature of the
rights concerned and relevant
percentages:

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

(a) Purchases and sales

 Class of relevant    Purchase/sale         Number of        Price per unit
     security                              securities

   Common stock     Cover Short              205,115           5.0167 USD

(b) Derivatives transactions (other than options)

   Class of      Product      Nature of dealing     Number of     Price per
   relevant    description                          reference       unit
   security                 e.g. opening/closing a  securities
                 e.g. CFD    long/short position,                   (USD)
                            increasing/reducing a
                             long/short position

(c) Options transactions in respect of existing securities

(i) Writing, selling, purchasing or varying

Class of Product Writing, Number of Exercise Type Expiry Option relevant description purchasing, securities price

              date   money
security  e.g. call   selling,    to which  per unit   e.g.            paid/  
           option      varying     option            American,        received
                        etc.      relates            European         per unit
                                                       etc.


(ii) Exercising

 Class of relevant       Product            Number of      Exercise price per
     security          description         securities             unit

                     e.g. call option

(d) Other dealings (including subscribing for new securities)

Class of relevant Nature of dealing Details Price per unit

    security                                                 (if applicable)
                     e.g. subscription,
                         conversion

The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

4. OTHER INFORMATION

(a) Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:

If there are no such agreements, arrangements or understandings, state "none"

(b) Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:

(i) the voting rights of any relevant securities under any option; or

(ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

If there are no such agreements, arrangements or understandings, state "none"

(c) Attachments


Is a Supplemental Form 8 (Open Positions) attached?                 No

Date of disclosure:                    April 16, 2013

Contact name:                          Julianna Ethell

Telephone number:                      847-905-4688

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at monitoring@disclosure.org.uk. The Panel's Market Surveillance Unit is available for consultation in relation to the Code's dealing disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.


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