Notification of Major Interest in Shares

For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

GLENCORE PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

No

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

No

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

No

An event changing the breakdown of voting rights

No

Other (please specify):

Change in delta applicable to instruments with similar economic effect to qualifying financial instruments.

Yes

3. Full name of person(s) subject to thenotification obligation: iii

Qatar Holding LLC

Qatar Investment Authority (as parent undertaking only)

4. Full name of shareholder(s)  (if different from 3.):iv

Qatar Holding LLC

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

10 November 2014

6. Date on which issuer notified:

12 November 2014

7. Threshold(s) that is/are crossed orreached: vi, vii

9% (downwards)

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

USD 0.01 Ordinary Shares

JE00B4T3BW64

1,176,196,974

1,176,196,974

1,176,196,974

1,176,196,974

N/A

8.919%

N/A

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

N/A

N/A

N/A

N/A

N/A

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Options on ordinary shares

N/A

Dates starting 20 May 2015

and ending

30 Nov 2015

N/A

9,986,747

(after delta adjustment)

Nominal

Delta

See section 13.

0.076%

Total (A+B+C)

Number of voting rights

Percentage of voting rights

1,188,211,868

8.996%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Qatar Holding LLC is the beneficial holder of the specified shares and voting rights in Glencore PLC. Qatar Holding LLC is established as a limited liability company in the Qatar Financial Centre ("QFC") and is licensed by the QFC Authority under License No. 00004. Qatar Holding LLC is wholly-owned by Qatar Investment Authority ("QIA") and makes this notification on behalf of itself and QIA.

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

On a nominal basis the voting rights underlying the options on ordinary shares total 33,465,000. The voting rights underlying the options on ordinary shares have been re-calculated on a delta-adjusted basis, as permitted by the Financial Conduct Authority's (the "FCA") Disclosure and Transparency Rules (the "DTRs").

As required under the FCA DTRs, this notification has been prepared using the total voting rights figure of 13,192,625,120 as set out in the public announcement made by Glencore Plc on 03 November 2014.

14. Contact name:

Dr. Tariq Alsabbagh,

Acting Director, Legal Department

General Counsel, Qatar Holding LLC / Qatar Investment Authority

15. Contact telephone number:

+974.4499.5806

Paul Smitht: +41 (0) 41 709 2487m: +41 (0) 79 947 1348e: [email protected]

Martin Fewingst: +41 (0) 41 709 2880m: +41 (0) 79 737 5642e: [email protected]

Elisa Mornirolit: +41 (0) 41 709 2818m: +41 (0) 79 833 0508e: [email protected]

Charles Watenphult: +41 (0) 41 709 2462m: +41 (0) 79 904 3320e: [email protected]

FinsburyGuy Lamming / Dorothy Burwellt: +44 (0) 20 7251 3801

John Burtont: +41 (0) 41 709 2619m: +41 (0) 79 944 5434e: [email protected]

Nicola Barrettt: +41 (0) 41 709 2755m: +41 (0) 79 735 3916e: [email protected]