Rio Tinto assumes control of Riversdale Board and proposes delisting 29 April 2011 Rio Tinto has assumed control of the Riversdale Mining Limited (Riversdale) Board with the appointment of two new directors and will seek to delist Riversdale following the end of its takeover bid. Rio Tinto Energy chief executive Doug Ritchie was today appointed Chairman of Riversdale. Rio Tinto Coal Australia chief operating officer Darren Yeates and Rio Tinto Energy vice president human resources Rosemary Fagen, were today appointed to the Riversdale Board. Mr Ritchie, Rio Tinto Energy chief development officer coal Matt Coulter and Rio Tinto Australia managing director David Peever joined the Riversdale Board on 7 April 2011. Todays appointments give Rio Tinto five directors on the ninemember Board.
As previously foreshadowed, William OKeeffe has stood down as the Chairman and director. Mr Ritchie said The new board will provide fresh impetus for the swift development of Riversdales assets. We are optimistic about their growth prospects and we have a terrific opportunity to develop a largescale coking coal resource. I would like to acknowledge the contribution of Mr OKeeffe in making Riversdale what it is today, a business on the verge of a significant growth phase. It is a remarkable achievement and his contribution through dedicated leadership and commitment should not be underestimated. Rio Tinto now holds a relevant interest in more than 73 per cent of Riversdale shares. Also, in relation to the takeover offer (Offer) for Riversdale by Rio Tinto Jersey Holdings 2010 Limited (RTJ), a whollyowned subsidiary of the Rio Tinto Group, RTJ intends to seek to delist Riversdale after the close of the Offer, as described in the letter to Riversdale shareholders sent to the Australian Securities Exchange (ASX) and has extended the Offer period by one week to end at 7.00pm (Sydney time) on Friday, 6 May 2011, unless extended further. The handling fee described in RTJs Third Supplementary Bidders Statement will apply throughout the extended Offer period.
RTJ may extend the period during which the handling fee will apply by further announcement to the ASX. The following documents were today sent to the a notice under section 650D of the Corporations Act extending the Offer period RTJs Fifth Supplementary Bidders Statement dated 29 April 2011 a letter to Riversdale shareholders and fresh acceptance forms, which have been sent today to Riversdale shareholders who have not yet accepted the Offer. The Offer will close at 7.00pm (Sydney time) on 6 May 2011, unless extended. 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 Tintos 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. For further information, please contact Media Relations, Australia / Asia David Luff Office 61 (0) 3 9283 3620 Mobile 61 (0) 0419 850 205 Karen Halbert Office 61 (0) 3 9283 3627 Mobile 61 (0) 412 119 389 Bruce Tobin Office 61 (0) 3 9283 3612 Mobile 61 (0) 419 103 454 Investor Relations, Australia Dave Skinner Office 61 (0) 3 9283 3628 Mobile 61 (0) 408 335 309 Simon Ellinor Office 61 (0) 7 3361 4365 Mobile 61 (0) 439 102 811 Christopher Maitland Office 61 (0) 3 9283 3063 Mobile 61 (0) 459 800 131 Media Relations, EMEA / Americas Illtud Harri Office 44 (0) 20 7781 1152 Mobile 44 (0)7920 503 600 Tony Shaffer Office 44 (0) 20 7781 1138 Mobile 44 (0) 7920 041 003 Christina Mills Office 44 (0) 20 7781 1154 Mobile 44 (0) 7825 275 605 Investor Relations, London Mark Shannon Office 44 (0) 20 7781 1178 Mobile 44 (0) 7917 576597 David Ovington Office 44 (0) 20 7781 2051 Mobile 44 (0) 7920 010 978 Media Relations, Canada Bryan Tucker Office 1 (0) 514 848 8151 Mobile 1 (0) 514 825 8319 Investor Relations, North America Jason Combes Office 1 (0) 801 204 2919 Mobile 1 (0) 801 558 2645 Website www.riotinto.com Email media.enquiriesriotinto.com enquiries.mediaaustraliariotinto.com Twitter Follow riotinto on Twitter NOTICE OF VARIATION OF OFFER EXTENSION OF OFFER PERIOD To Riversdale Mining Limited (ABN 53 006 031 161) (Riversdale) Australian Securities and Investments Commission (ASIC) Each holder of shares in Riversdale who has not accepted the Offer referred to below This is a notice given by Rio Tinto Jersey Holdings 2010 Limited (ARBN 148 135 844) (a company incorporated in Jersey) (RTJ) in relation to the offers dated 11 January 2011 made under its offmarket takeover bid for all of the ordinary shares in Riversdale (Offer) and contained in its bidders statement dated 10 January 2011 (as supplemented by its supplementary bidders statements dated 10 February 2011, 17 February 2011, 10 March 2011, 29 March 2011 and 29 April 2011) (Bidders Statement). In accordance with section 650D(1) of the Corporations Act 2001 (Cth), RTJ gives notice that the Offer is varied by extending the period during which the Offer remains open for acceptance until 7.00pm (Sydney, Australia time) on 6 May 2011. A copy of this notice was lodged with ASIC on 29 April 2011.
Neither ASIC nor any of its officers takes any responsibility for the contents of this notice. This notice has been approved by a resolution of the Directors of RTJ. Dated 29 April 2011 Signed for and on behalf of Rio Tinto Jersey Holdings 2010 Limited Stephen Consedine Company Secretary Rio Tinto Services Limited (local agent of RTJ).