Antofagasta plcLSE: ANTO

Disposal

· Issued by Antofagasta plc
Antofagasta PLC 10 February 2004 Disposal of 51% interest in Magistral Project London, Tuesday 10th February 2004 Antofagasta plc (ANTO.L) - the UK listed mining group with operations in Chile - announces that its wholly owned subsidiary Anaconda Peru has signed an agreement to sell its 51% interest in the Magistral mining project in Peru to Inca Pacific S.A. for US$2.1 million in cash. The transaction is expected to close before the end of February 2004. Enquiries - Antofagasta plc Antofagasta Minerals (Chile) Tel: +44 20 7808 0988 Tel: +565 377 5070 Philip Adeane Ricardo Muhr Email: [email protected] Email: [email protected] This information is provided by RNS The company news service from the London Stock Exchange

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