GLENCORE PLC - GLN - Update on subpoena from Unite11 Jul 2018
GLN 201807110009A
GLN - Update on subpoena from United States Department of Justice

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

Baar, Switzerland
11 July, 2018

            Update on subpoena from United States Department of Justice

On 3 July 2018, Glencore announced that a subsidiary had received a subpoena from
the United States Department of Justice (the “DOJ”) to produce documents and other
records with respect to compliance with the Foreign Corrupt Practices Act and United
States money laundering statutes. The requested documents relate to the Glencore
Group's business in Nigeria, the Democratic Republic of Congo and Venezuela from
2007 to present.
A committee of the Board has been established to oversee the Company's response to
the DOJ’s subpoena. This committee comprises the Chairman, Tony Hayward, Leonhard
Fischer (Independent Non-Executive Director) and Patrice Merrin (Independent Non-
Executive Director).
Chairman Tony Hayward said: “Glencore takes ethics and compliance seriously
throughout the Group. The Company will cooperate with the DOJ, while continuing to
focus on our business and seeking to maximise the value we create for our diverse
stakeholders in a responsible and transparent manner.”
For further information please contact:

Charles Watenphul   t: +41 41 709 24 62   m: +41 79 904 33 20
Martin Fewings      t: +41 41 709 2880    m: +41 79 737 5642
Ash Lazenby         t: +41 41 709 2714    m: +41 79 543 3804

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world’s largest global diversified natural resource companies
and a major producer and marketer of more than 90 commodities. The Group's operations
comprise around 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 sectors. We also provide financing,
logistics and other services to producers and consumers of commodities. Glencore's
companies employ around 146,000 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.

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The companies in which Glencore plc directly and indirectly has an interest are
separate and distinct legal entities. In this document, “Glencore”, “Glencore
Group” and “Group” are used for convenience only where references are made to
Glencore plc and its subsidiaries in general. These collective expressions are
used for ease of reference only and do not imply any other relationship between
the companies. Likewise, the words “we”, “us” and “our” are also used to refer
collectively to members of the Group or to those who work for them. These
expressions are also used where no useful purpose is served by identifying the
particular company or companies.

Absa Bank Limited (acting through its Corporate and Investment Bank Division)

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