Conversion of Rio Tinto plc Share Warrants to Bearer.

Business Editors

LONDON--(BUSINESS WIRE)--June 19, 2001

Rio Tinto Rio Tinto may refer to:

Rio Tinto (Paraíba), in Paraíba State, Brazil.
Río Tinto (river), a river in Spain.
Rio Tinto Group, a multinational mining company.
Rio Tinto (Gondomar), a civil parish in the municipality of Gondomar, Portugal.

(NYSE NYSE

See: New York Stock Exchange : RTP (1) (Rapid Transport Protocol) The protocol used in IBM's High Performance Routing (HPR) system.

(2) (Realtime Transport Protocol) An IP protocol that supports real time transmission of voice and video. ) announces that the proposal for the conversion of its share warrants to bearer into registered ordinary shares by way of a Scheme of Arrangement was approved by warrantholders on 12 April 2001, sanctioned by the Court on 30 April 2001 and has now become effective.

Under the terms of the Scheme of Arrangement the ordinary shares representing the outstanding share warrants have been registered in the name of the Trustee and the share warrants to bearer have ceased to have effect.

Arrangements are being made for Rio Tinto share warrants to bearer to be Delisted and as there has ceased to be any need to distinguish between registered and bearer shares Bearer share

Security not registered on the books of the issuing corporation and thus payable to possessor of the shares. Negotiable without endorsement and transferred by delivery, thus avoiding some of the control associated with ordinary shares. all references to 'Registered' are to be dropped.

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Publication:	Business Wire
Date:	Jun 19, 2001
Words:	131
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