Qatar Investment Authority Raises Xstrata Stake to 12.04%

Thursday, Aug 23, 2012

LONDON--Qatar Investment Authority, owner of Qatar Holding LLC, said Thursday it bought 2.61 million shares in diversified mining group Xstrata PLC (XTA.LN) at 914.64 pence, lifting its total holding including options to 361.5 million shares, or 12.04%.

-Qatar's holding excluding options is 342.94 million shares, or 11.42%.

-Xstrata shares at 1156 GMT, up 16 pence, or 1.76%, at 933 pence valuing the company at GBP28 billion.

-Write to Rory Gallivan at rory.gallivan@dowjones.com

(END) Dow Jones Newswires

23-08-12 1158GMT