 |
 |
||||||
[October 2000]
Rio Tinto's Offer for Ashton
Rio Tinto has considered its position in relation to Ashton Mining Limited and has decided that it will not seek to match De Beers' offer. Rio Tinto notes that the De Beers offer remains conditional on a number of matters, including Foreign Investment Review Board approval, and thus intends to leave its current offer of A$1.85 and/or shares open for the time being.
The above announcement is further to Rio Tinto's offer for Ashton and subsequent to De Beers counter-bid.
For further information go to www.riotinto.com
ENDS