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Xstrata Extend Offer to Acquire LionOre Mining

Xstrata plc announces the extension of the expiry time for its all-cash offer (the "Offer") to acquire all of the issued and outstanding shares of LionOre Mining International Ltd. for C$25.00 per LionOre share from Friday, 25 May 2007 to midnight (Vancouver time) on Thursday, 7 June 2007. All other terms and conditions of the Offer described in Xstrata's offer and offering circular dated 5 April 2007, as varied, amended and supplemented by Xstrata's notice of variation dated 15 May 2007, remain unchanged.

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