Xstrata plc Guarantees Falconbridge Notes and Preferred Shares

From: CCNMatthews Newswire | Date: December 11, 2006 | Copyright information

TORONTO, ONTARIO--(CCNMatthews - Dec. 11, 2006) - Falconbridge Limited ("Falconbridge") today announces that its parent company, Xstrata plc ("Xstrata") (AIM:XTA), has fully and unconditionally guaranteed Falconbridge's Notes (defined below) and its cumulative redeemable preferred shares, Series 2, Series 3 and Series H (the "Preferred Shares"). Falconbridge will not file interim financial statements for the nine months ended September 30, 2006, as it has obtained an order from Canadian securities regulators permitting Falconbridge to satisfy its continuous disclosure obligations as a ...

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