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Press release from CNW Group

Rio Tinto to provide comprehensive financing package to Ivanhoe Mines and agrees to Board and management changes

Wednesday, April 18, 2012

Rio Tinto to provide comprehensive financing package to Ivanhoe Mines and agrees to Board and management changes09:03 EDT Wednesday, April 18, 2012LONDON, United Kingdom, April 18, 2012 /CNW Telbec/ - Rio Tinto and Ivanhoe Mines Ltd. (Ivanhoe) have signed an agreement under which Rio Tinto has agreed to support and provide certain elements of a comprehensive funding package for Ivanhoe that will underpin the development of the Oyu Tolgoi copper-gold mine in Mongolia. The parties have also agreed that Rio Tinto, which currently owns 51 per cent of Ivanhoe, will replace a number of the directors on the Ivanhoe Board with Rio Tinto-nominated directors and also nominate a new management team.Please click on this link to access the full press release: http://www.riotinto.com/media/18435_media_releases_21949.aspFor further information: Media Relations, EMEA / Americas Illtud Harri Office: +44 (0) 20 7781 1152 Mobile: +44 (0) 7920 503 600 Tony Shaffer Office:  +44 (0) 20 7781 1138 Mobile: +44 (0) 7920 041 003 Christina Mills Office:  +44 (0) 20 7781 1154 Mobile: +44 (0) 7825 275 605 Investor Relations, London Mark Shannon Office:  +44 (0) 20 7781 1178 Mobile: +44 (0) 7917 576597 David Ovington Office:  +44 (0) 20 7781 2051 Mobile: +44 (0) 7920 010 978   Media Relations, Australia / Asia David Luff Office:  +61 (0) 3 9283 3620 Mobile: +61 (0) 419 850 205 Karen Halbert Office: +61 (0) 3 9283 3627 Mobile: +61 (0) 412 119 389 Bruce Tobin Office: +61 (0) 3 9283 3612 Mobile: +61 (0) 419 103 454 Investor Relations, Australia Dave Skinner Office:  +61 (0) 3 9283 3628 Mobile: +61 (0) 408 335 309 Christopher Maitland Office: +61 (0) 3 9283 3063 Mobile: +61 (0) 459 800 131 Media Relations, Canada Bryan Tucker Office: +1 (0) 514 848 8151 Mobile: +1 (0) 514 825 8319 Investor Relations, North America Jason Combes Office:  +1 (0) 801 204 2919 Mobile: +1 (0) 801 558 2645