GLENCORE PLC
(Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN HKSE Share Code: 805HK ISIN: JE00B4T3BW64
Baar, Switzerland
30 September, 2015
Media statement
In response to numerous enquiries, the Company has issued the following statement to the media:
Glencore has taken proactive steps to position our company to withstand current commodity market conditions.
Our business remains operationally and financially robust – we have positive cash flow, good liquidity and absolutely no solvency issues.
We are getting on and delivering a suite of measures to reduce our debt levels by up to US$10.2 billion.
Thanks to long term relationships we have with the banks.
We remain focused on running efficient, low cost and safe operations and are confident the medium and long-term fundamentals of the commodities we produce and market
remain strong into the future.
For further information please contact:
Glencore plc Investors
Paul Smith t: +41 41 709 24 87 m: +41 79 947 13 48
[email protected]
Martin Fewings t: +41 41 709 28 80 m: +41 79 737 56 42
[email protected]
Elisa Morniroli t: +41 41 709 28 18 m: +41 79 833 05 08
[email protected]
Media
Charles Watenphul t: +41 41 709 24 62 m: +41 79 904 33 20
[email protected]
Pam Bell t: +41 79 833 05 08 m: +44 77 303 19 806
[email protected]
Company Secretarial
John Burton t: +41 41 709 26 19 m: +41 79 944 5434
[email protected]
Nicola Barrett t: +41 41 709 27 55 m: +41 79 735 3916
[email protected]
About the Company
Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 90 commodities. Glencore's operations
comprise of over 150 mining and metallurgical sites, oil production assets and agricultural facilities.
With a strong footprint in both established and emerging regions for natural resources, Glencore's industrial and marketing activities are supported by a global network
of more than
90 offices located in over 50 countries.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, oil and food processing. We also provide financing, logistics
and other services to producers and consumers of commodities. Glencore's companies employ around 181,000 people, including contractors.
Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant
in the Extractive Industries Transparency Initiative.