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Results of Placing of 1,307,794,600 New Ordinary Shares at a Placing Price of 125 Pence per Share

Sep 16, 2015

This announcement and the information contained herein are not for release, publication or distribution, directly or indirectly, in or into the united states, australia, canada, japan, jersey, south africa or any jurisdiction in which the same would be unl awful. this announcement is not an offer of securities in the united states, australia, canada, japan, jersey, south africa or any jurisdiction in which the same would be unlawful.

Baar, Switzerland 16 September, 015 Results of placing of 1,307,794,600 new ordinary shares at a placing price of 125 pence per share Glencore plc (" Glencore " or the “Company ”) is pleased to announce the compl etion of the placing announced on 15 September 2015 (the "Placing").

A total of 1,307,794,600 new ordinary shares (the " New Shares ") in Glencore have been placed with existing and new institutional shareholders and certain Directors and employees of Glencore at a price of 125 pence per New Share (the “Placing Price”), raising gross proceeds of approximately £1.6 billion / US$ 2.5 billion. The New Shares being i ssued represent approximately 9.99 per cent. of the Company's issued ordinary share capital (excluding treasury shares) prior to the Placing.

The New Shares will, when issued, be credited as fully paid and will rank e qually in all respects with the existing ordinary shares in the capital of the Company, including the right to receive all dividends and other distributions declared, made or paid in respect of such shares after the date of issue of the New Shares.

Application will be made to the Financial Conduct Authority for admission of the New Shares to the premium listing segment of the Official List and to the London Stock Exchange (the "LSE ") for admission to trading of the

New Shares on the LSE's main market for li sted securities (together " Admission "). It is expected that Admission wil l take place at 8:00 a.m. on 21 September 2015 (at which time the Placing will become unconditional) and that dealings in the New Shares on the LSE's main market for listed securities will commence at the same time.

Applications to the Hong Kong Stock Exchange (the “ HKSE ”) and the Johannesburg Stock Exchange (the “JSE ”) have been or will be made to list the New Shares.

Director and employee participation and Related Party Transactions Directors and employees of Glencore have taken up 22 per cent of the New Shares in accordance with the commitments announced on 7 September 2015.

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