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Corporate governance
standards
February 2007
www.riotinto.com

This document provides information to Group managers on

Rio Tintos corporate governance policies and standards.
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Rio Tinto

Rio Tinto is a world leader in finding, mining and processing the earths mineral
resources. The Groups worldwide operations supply essential minerals and metals
that help to meet global needs and contribute to improvements in living standards.

In order to deliver superior returns to shareholders over time, Rio Tinto takes a
long term and responsible approach to the Groups business. We concentrate on
the development of first class orebodies into large, long life and efficient
operations, capable of sustaining competitive advantage through business cycles.

Major products include aluminium, copper, diamonds, energy products, gold,

industrial minerals (titanium dioxide, borates, talc and salt) and iron ore. The
Groups activities span the world but are strongly represented in Australia and
North America with significant businesses in South America, Asia, Europe and
southern Africa.

Wherever Rio Tinto operates, the health and safety of our employees is our first
priority. We seek to contribute to sustainable development. We work as closely as
possible with our host countries and communities, respecting their laws and
customs. We minimise adverse effects and strive to improve every aspect of our
performance. We employ local people at all levels and ensure fair and equitable
transfer of benefits and enhancement of opportunities.
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Contents

Corporate governance 2

Rio Tintos corporate governance policy 3

Rio Tintos corporate governance standards 4

The board 4
Board committees 4
Management structure 6
Risk management 6
Statement of business practice 7
Whistle blowing programme 7
Communications 8
Responsibilities of the directors for financial reporting 9
Ethical standards for financial reporting 9
Internal control over financial reporting 10
Dealing in Rio Tinto securities 10
Shareholders 10
Business integrity 11

Appendix

Continuous disclosure 12

Rio Tintos continuous disclosure standards 13

Responsibilities for continuous disclosure 13
Communications 13
Designated spokesperson 16

Rio Tinto Corporate governance standards 1

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Corporate governance

Ensuring that companies, their have felt the need to provide tools to
directors and employees behave measure activity and benchmark results,
prudently, legally and responsibly is across sectors and the whole of the
nothing new. National company laws business world. The result is an array of
have been developed to set minimum legislation, guidelines and codes of conduct
standards of fiduciary care and duty from governmental and regulatory
with penalties for malpractice. authorities; stock exchanges, investors and
However following a number of their advisers; business and employee
corporate censures and failures it was associations; and other non governmental
widely accepted that these minimum organisations.
standards were inadequate and that
companies should recognise their
obligations not only to their
shareholders but also to others directly
involved with their business. The result
was the emergence of a series of
voluntary codes that collectively
became known as corporate
governance. In the US, many of these
codes have passed into legislation with
severe penalties for transgressions.
Companies are expected not just to be
legally and financially sound but also to
be able to demonstrate that their
directors and employees are fulfilling
ever more onerous and detailed
standards of corporate governance.

Corporate governance has become a

complex area of interlocking economic,
environmental and social management
issues. It covers the constitution and
conduct of boards of directors and the
relationships between directors, employees
and shareholders. It has attracted the
attention of special interest groups who

2 Rio Tinto Corporate governance standards

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Rio Tintos corporate governance policy
Rio Tinto is committed to high
standards of corporate governance for
which the directors are accountable to
its shareholders.
Rio Tinto, with listing obligations in
Australia, the UK and the US, has adopted
a common approach to corporate
governance. It consistently applies the
most demanding standards that arise in
each of the jurisdictions in which it has
obligations. The directors have referred to
the Combined Code, published by the UK
Financial Reporting Council, and complies
with the Principles of Good Corporate
Governance and Best Practice
Recommendations, published by the
Australian Stock Exchange, the Corporate
Governance Listing Standards, published
by the New York Stock Exchange and with
the relevant US Securities and Exchange
Commission (SEC) rules, including the
Sarbanes-Oxley Act of 2002.
Rio Tinto continues to monitor
developments in corporate governance
and to respond to changes in best practice.
It discloses its corporate governance
standards and practices in a separate
section of its Annual report and financial
statements and Annual review, and
explains the reasons for not following
voluntary codes of best practice.
The purpose of these standards is
neither to detail ways in which corporate
governance is applied in the Group nor to
set out the multiplicity of external rules and
regulations that will continue to evolve.
Rather, it is to give the essence of Rio
Tintos long standing commitment to high
standards of corporate governance.
Fundamental to the Groups corporate
governance policy and practice is that all
directors and employees reflect Rio Tintos
key values of accountability, fairness,
integrity and openness.
Anyone within the Group who is unsure
about what is expected or wanting further
details about corporate governance in Rio
Tinto should contact the company
secretary or legal adviser in their business
unit, or at Rio Tinto, all of whom will be
pleased to help.
Anyone who becomes aware of a
failure to apply best practice in corporate
governance should, and is encouraged to,
report the circumstances to senior
management, either directly or through Rio
Tintos Speak-OUT programme.
Rio Tinto Corporate governance standards 3
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Rio Tintos corporate governance standards
The board
The role of the board is to provide Rio
Tinto with good governance and
strategic direction. The chairman and
independent non executive directors
form a majority on the board and
provide broadly based knowledge and
experience to the boards
deliberations.
The directors have agreed to a formal
schedule of matters reserved specifically
for decision by the board. Directors
receive timely, regular and necessary
management and other information to
enable them to fulfil their duties. The board
has agreed to a procedure for the
directors to have access to independent
professional advice at the Groups
expense and to the advice and services of
both company secretaries.
Each year the board evaluates its
effectiveness and that of the board
committees, and the chairman appraises
the performance of each director.
The board has adopted a policy on
directors independence and determines
whether individual non executive directors
are independent and whether there are
any relationships or circumstances which
are likely to affect, or could appear to
affect, the directors judgement. Such
determinations and reasons are set out in
Rio Tintos corporate governance section
of its Annual report and financial
statements and Annual review.
4 Rio Tinto Corporate governance standards
The positions of chairman and chief
executive are separate and the division of
their responsibilities has been formally
approved by the board. The board appoints
a senior independent non executive director
to provide an independent conduit between
shareholders and the board.
Rio Tintos directors are elected by
shareholders at the first annual general
meeting following their appointment and
subsequently offer themselves for re-
election at least once every three years.
Non executive directors are normally
expected to serve at least two terms of
three years and, except where special
circumstances justify it, would not normally
serve more than three such terms.
Board committees
The directors have established four
board committees which are vital for
maintaining good corporate
governance throughout the Group.
Minutes of all committee meetings are
circulated to the board, with oral
reports at the next board meeting. The
committee members are all non
executive directors.
The Audit committees main
responsibilities include: the review of
accounting principles, policies and
practices adopted in the preparation of
public financial information; the review with
management of procedures relating to
financial and capital expenditure controls,
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including internal audit plans and reports;
the review with external auditors of the
scope and results of their audit; the
nomination of auditors for appointment by
shareholders; and, the review of Rio Tintos
risk management policy and
recommendation to the board for its
approval.
Its responsibilities also include the
review of corporate governance standards
of Group sponsored pension funds.
Meetings are attended by the external
auditors, the finance director, the head of
Controllers and the head of Corporate
Assurance.
The Report of the Audit committee
and its Charter are reproduced in the
corporate governance section of the
Annual report and financial statements and
the Annual review.
The Remuneration committee is
responsible for determining the policy for
executive remuneration and for the
remuneration and benefits of individual
executive directors and senior executives.
Disclosure of all elements of directors and
highest paid and most influential senior
executives remuneration are set out in the
Remuneration report which is reproduced
in the Annual report and financial
statements and Annual review.
The Nominations committee is
responsible for ensuring that a suitable
structure is in place to meet the
recruitment requirements of the board. It
reviews the mix, structure and experience
of the board and the desired profiles of
potential candidates for membership. The
recruitment process includes identification
of suitable candidates, followed by a formal
assessment of each, leading to a final
selection process. Proposals for new
members are submitted to the full board
for approval. The committee also reviews
the time required to be committed to
Group business by non executive
directors.
The Committee on social and
environmental accountability reviews
the effectiveness of management policies
and procedures in place to deliver those
standards referred to in The way we work
which are not covered by the other board
committees and, in particular, those
relating to health, safety, the environment
and social issues. The overall objective of
the committee is to promote the
development of high quality business
practices throughout the Group and to
develop the necessary clear accountability
on these practices.
Rio Tinto publishes an annual
Sustainable development review, which is
independently verified, and individual
business units publish annual Social and
environment reports. All of these
documents are available on Rio Tintos
website.
Rio Tinto Corporate governance standards 5
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Rio Tintos corporate governance standards continued
Management structure
Rio Tintos management structure is
designed to facilitate a clear focus
on the Groups objectives. The
management structure, which is
reflected in the Annual report and
financial statements and Annual
review, is based on the principal
product and global support groups.
Rio Tintos mining interests are diverse
both in geography and product. The Group
consists of wholly and partly owned
subsidiaries, jointly controlled assets, jointly
controlled entities and associated
companies. The chief executive, other
executive directors and the heads of the
product and global support groups share
management responsibility for Rio Tintos
interests.
In addition to those referred to above,
the executive committee includes the
heads of Communications & External
Relations and of Human Resources.
Rio Tinto's headquarters provides the
Group with its strategic direction.
Risk management
Rio Tintos overriding corporate
objective is to maximise long term
shareholder value through responsibly
and sustainably investing in mining
and related assets. The directors
recognise that creating shareholder
value is the reward for taking and
accepting risk.
6 Rio Tinto Corporate governance standards
The directors are responsible for the
Groups system of internal controls and for
reviewing its effectiveness in providing
shareholders with a return on their
investments that is consistent with a
responsible assessment and mitigation of
risk. This includes reviewing financial,
operational and compliance controls, and
risk management procedures. Because of
the limitations inherent in any such system
this is designed to manage rather than
eliminate risk. Accordingly, it provides
reasonable but not absolute assurance
against material misstatement or loss.
The directors have established a
process for identifying, evaluating and
managing the significant risks faced by the
Group. The process is reviewed annually by
the directors and accords with that set out
in Internal Control: Revised guidance for
directors on the combined code, published
by the UK Financial Reporting Council and
in the Principles of Good Corporate
Governance and Best Practice
Recommendations, published by the
Australian Stock Exchange.
Two of the Groups management
committees, the Executive committee and
the Disclosure and procedures committee
regularly review information related to the
Groups control framework. This information
is presented to the Audit committee to
enable its members to assess the
effectiveness of the internal controls. In
addition, the board and its committees
monitor the Groups significant risks on an
ongoing basis.
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Assurance functions, including internal
auditors and health, safety and
environmental auditors, perform reviews of
control activities and provide regular written
and oral reports to directors and
management committees. The directors
receive and review minutes of the meetings
of each board committee, in addition to oral
reports from the respective chairmen at the
first board meeting following the relevant
committee meeting.
Certain risks, for example natural
disasters, cannot be mitigated to an
acceptable degree using internal controls.
Such major risks are transferred to third
parties in the international insurance
markets, to the extent considered
appropriate.
Each year, the leaders of Group
businesses and corporate offices complete
an internal control questionnaire that seeks
to confirm that adequate internal controls
are in place and operating effectively. The
results of this process are reviewed by the
executive committee and are then
presented to the board as a further part of
their review of the Groups internal controls.
This process is continually reviewed and
strengthened as appropriate.
Statement of business practice
The way we work provides the
directors and employees with a
summary of the global policies in place
to help ensure that high standards are
maintained and communicated
throughout the Group.
Global policies are adopted by the directors
after wide consultation, externally and
within the Group. Once adopted, they are
communicated to business units
worldwide, together with the necessary
standards, guidance and resource support
for implementation. Business units are then
required to devote the necessary effort by
management to implement and report on
these policies and standards. Where a
business unit is not wholly Rio Tinto owned,
but is managed by Rio Tinto, those
business units must also apply the Group
policies and standards.
Where the Group does not have
operating responsibility for a business,
Rio Tintos policies are communicated to its
business partners and they are encouraged
to adopt similar policies of their own.
Whistle blowing programme
Rio Tintos whistle blowing
programme is called Speak-OUT.
Employees and others are encouraged
to report any concerns, including any
suspicion of a violation of the Groups
financial reporting and environmental
procedures, through an independent
third party without fear of any
recrimination.
Speak-OUT is a telephone based reporting
programme that provides employees and
others with a confidential, anonymous and
independent means of raising issues of
concern and communicating ideas. Positive
suggestions are also welcomed and
Rio Tinto Corporate governance standards 7
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Rio Tintos corporate governance standards continued
encouraged. It complements existing
reporting procedures and provides a
guaranteed direct line of communication to
senior management.
Callers have the option of remaining
anonymous, requesting their name to be
withheld, or they can leave their personal
details with a request for a call back.
Callers remaining anonymous will be able to
use a unique caller reference number to
follow up on their initial call.
In the event that, in the view of the
independent third party, the subject of a call
implies material corporate financial
irregularities, such as a violation of the
Sarbanes-Oxley Act, a copy of the call
report will be sent simultaneously to the
chairman of Rio Tintos Audit committee
and Rio Tintos chief executive and
company secretary.
When a case is determined to be
closed, the designated manager or other
appropriate contact will formally notify the
independent third party who will then
forward a case closed file to Rio Tinto plcs
company secretary.
Full details of the Speak-OUT
programme are available on the website.
8 Rio Tinto Corporate governance standards
Communications
Rio Tintos businesses are required to
conduct their affairs in an accountable
and transparent manner, reflecting the
interests of its shareholders,
employees, host communities and
customers as well as others affected
by its activities.
Rio Tinto recognises the importance of
effective communication with shareholders
and the general investment community. To
ensure shareholders are kept informed in a
timely manner, the Group has adopted
Continuous disclosure standards, which are
appended to the Corporate governance
standards and posted on the website.
Rio Tinto maintains a comprehensive
website which, in addition to statutory
documents, features in depth information
on health, safety and the environment, as
well as general investor information and
Group policies. Results presentations and
other significant events are broadcast as a
webcast and are archived on the website.
The Group also produces a range of
informative publications, which are available
on the website and by request.
The main channels of communication
with the general investment community are
through the chairman and executive
directors, who conduct regular meetings
with Rio Tintos major shareholders. The
senior independent director and other non
executive directors are also available as
appropriate.
The Group organises regular investor
32231_ENG_Text.qxp 31/1/07 14:19 Page 9
seminars which provide a two way
communication with investors and analysts;
the valuable feedback is communicated to
the board. An annual survey of major
shareholders opinion and perception of the
Group is presented to the board by the
Groups investor relations advisers.
Responsibilities of the directors for
financial reporting
The directors are required to prepare
financial statements for each financial
period which give a true and fair view
of the state of affairs of the Group as at
the end of the financial period and of
the profit or loss and cash flows for
that period.
The directors are responsible for
maintaining proper accounting records in
accordance with the UK Companies Act
1985 and Australian Corporations Act
2001. They are also responsible for
establishing and maintaining adequate
internal controls and procedures for
financial reporting throughout the Group.
In addition they have a general
responsibility for taking such steps as are
reasonably open to them to safeguard the
assets of the Group and to prevent and
detect fraud and other irregularities. They
conduct an annual review of the
effectiveness of the Groups system of
internal controls and produce an annual
statement on internal control that is
published in the Annual report and financial
statements and Annual review.
Ethical standards for financial
reporting
The directors, senior management,
senior financial managers and other
members of staff who are required to
exercise judgement in the course of the
preparation of the financial statements
are required to conduct themselves
with integrity and honesty and in
accordance with the ethical standards
of their profession and/or business.
The directors, senior management, senior
financial managers and other members of
staff must promote full, fair, accurate, timely
and understandable disclosures in
compliance with all applicable laws, rules
and regulations in all financial statements.
Any member of staff who becomes
aware of, or who suspects, any violation of
these obligations is encouraged to report
the facts or their suspicions through Speak-
OUT to the chairman of Rio Tintos Audit
Committee and Rio Tintos chief executive
and company secretary as described
above.
Violations of these ethical standards will
be dealt with under the Groups disciplinary
procedures.
Rio Tinto Corporate governance standards 9
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Rio Tintos corporate governance standards continued
Internal control over financial reporting
The directors are responsible for
establishing and maintaining adequate
internal control over financial reporting
to provide reasonable assurance
regarding the reliability of the Groups
financial statements.
The board publishes an assessment of the
effectiveness of the internal control over
financial reporting in the Annual report and
financial statements and Annual review that
is attested by the Groups external auditors.
No matter how well designed and
operated the internal control and
procedures over financial reporting can
provide only reasonable assurance of
achieving the desired control objectives.
Dealing in Rio Tinto securities
Directors and employees are
prohibited from dealing in Rio Tinto
securities in certain circumstances and
during specified periods.
Rio Tinto has rules in place to govern dealing
in Rio Tinto securities by directors and
employees. The rules prohibit dealing when
in possession of price sensitive information.
It also prohibits directors and other restricted
persons from dealing during a close period
of up to two months before a profit
announcement and from dealing at any time
on considerations of a short term nature.
Detailed rules for dealing in Rio Tinto
securities are available from the company
secretary and are on the website.
10 Rio Tinto Corporate governance standards
Shareholders
Rio Tintos overriding corporate
objective is to maximise long term
shareholder value through responsibly
and sustainably investing in mining and
related assets. Rio Tinto therefore
recognises the importance of effective
communication with shareholders and
the general investment community.
Rio Tintos dual listed companies merger in
1995 was designed to place the
shareholders of Rio Tinto plc and Rio Tinto
Limited in substantially the same position
as if they held shares in a single enterprise
owning all of the assets of both companies.
It was agreed to ensure that the businesses
were managed on a unified basis, to ensure
that the boards of directors of each
Company were the same and to give effect
to certain arrangements designed to
provide shareholders of each Company
with a common economic interest in the
combined enterprise.
Further details of Rio Tintos dual listed
companies structure is provided in the
Shareholder information section of Rio
Tintos Annual report and financial
statements and Annual review and on Rio
Tintos website.
To ensure shareholders are kept
informed in a timely manner, the Group has
adopted Continuous disclosure standards,
which are appended to these Corporate
governance standards and posted on the
website.
Full advantage is taken of the annual
32231_ENG_Text.qxp 31/1/07 14:19 Page 11
general meetings to inform shareholders of
current developments and to give
shareholders the opportunity to ask
questions. As recommended by the
Principles of Good Corporate Governance
and Best Practice Recommendations, Rio
Tinto Limiteds external auditor attends the
annual general meeting and is available to
answer shareholder questions about the
conduct of the audit and the preparation
and content of the auditors report. Rio
Tinto Limiteds shareholders are also able
to submit written questions regarding the
statutory audit report to the auditors via the
Company.
Shareholders unable to attend
meetings are encouraged to appoint a
proxy to vote either as they direct or at their
discretion. Shareholders in the separate
Companies generally vote by poll through a
joint electoral procedure. After the later of
the two general meetings in the UK and
Australia the results of these polls are
announced to Rio Tintos regulatory bodies,
dealt with in media releases and posted on
its website.
Business integrity policy
Rio Tinto undertakes its business with
integrity, honesty and fairness at all
times, building on a foundation of
compliance with relevant local laws
and regulations and international
standards.
Rio Tinto supports free and fair competition
and promotes the rule of law and the
Rio Tinto Corporate governance standards 11
Groups high standards wherever we are in
the world. The Group has introduced a
compliance programme that all Group
businesses are required to put in place.
This is based on a continuously developing
system of training, monitoring and
procedural checks and balances.
Bribery, in all its forms, is prohibited.
We neither promise, offer nor accept bribes
or anything which could be taken for one,
either directly or indirectly.
We only make payments for legitimate
business services and at a rate that reflects
their market value. We work with business
partners, representative agents and
intermediaries after making them aware of
Rio Tintos policy and being satisfied that
they will not make any unauthorised
payments on the Groups behalf.
We disclose any material transaction or
relationship that could reasonably be
expected to give rise to a conflict of interest
but strive to avoid them. Gifts and
entertainment are only offered and
accepted for conventional social and
business purposes and only then at a level
appropriate to local circumstances.
Rio Tintos separate Business integrity
standards and Compliance standards
expand on what is expected when
implementing The way we work and are
available on Rio Tintos website.
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Continuous disclosure

Rio Tinto is committed, both in principle

and practice, to maximum transparency
consistent with good governance and
commercial confidentiality. In particular,
Rio Tinto makes immediate disclosure of
any information that a reasonable person
would expect to have a material effect on
its share price to its listing authorities in
accordance with their rules so that
trading in its securities can take place in
an informed market.

Rio Tinto recognises the importance of

openness and accuracy, and seeks to ensure
its communications with the outside world are
coordinated, consistent and timely to meet
the needs of market participants and others
who use them. Appropriate technology is
used to give equal access to material and
other information.
Rio Tintos disclosure standards adhere
to the most stringent requirements for
continuous disclosure as set out by the
listing authorities in Australia, the UK and
the US, being the principal markets where its
securities are traded. These requirements are
set out in detail on the websites of the
relevant listing authorities and not repeated
here. Rather, as with Rio Tintos Corporate
governance standards, the purpose of this
document is to underscore the essence of
Rio Tintos commitment to transparency
and the procedures adopted to ensure
compliance with regulatory disclosure
obligations.

12 Rio Tinto Corporate governance standards

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Rio Tintos continuous disclosure standards
Responsibilities for
continuous disclosure
Rio Tintos Continuous disclosure
committee, chaired by its finance
director, has ultimate responsibility for
determining the information that requires
disclosure.
Rio Tinto employees are required to report any
matter that may have a material effect on the
Groups securities to their line manager and/or
a senior manager of their business unit and/or
a member of the Continuous disclosure
committee as soon as they become aware of
it. In addition to the finance director, the
members of the continuous disclosure
committee include the Company secretary of
Rio Tinto plc, the head of Investor Relations,
the head of Communications & External
Relations, and the head of Business
Evaluation Department.
The Continuous disclosure committee
maintains Continuous disclosure guidance
notes which identifies a list of matters which
may potentially be material.
There are some limited circumstances in
which information that might be material
should not be disclosed, however this will be
a matter of judgement for the Continuous
disclosure committee.
Training directed at ensuring compliance
with Rio Tintos Continuous disclosure
standards is provided to relevant staff.
Rio Tintos publicly quoted subsidiaries
and managed associates must comply with
their own listing rules and levels of materiality.
Rio Tinto releases information disclosed by
such subsidiaries and associates
simultaneously or as soon as practical
thereafter.
Rio Tinto is mindful that information in
relation to joint ventures or jointly controlled
assets may not be material to the Group but
may be material to one or more of its partners
Rio Tinto Corporate governance standards 13
that may have continuous disclosure
obligations. In such circumstances the Group
needs to exercise care and consult with its
partners.
Rio Tinto releases all material information
simultaneously to its stock exchanges before
releasing it as a media release and publishing
it on its website.
If material information is inadvertently
disclosed an announcement will be made to
the Groups stock exchanges as soon as
possible.
Communications
To manage the quality, accuracy and
consistency of communications, Rio Tinto
has identified a number of spokespersons
on matters affecting the Rio Tinto Group
as a whole. These spokespersons are
normally restricted to the chairman,
executive directors, members of the
executive committee and other
designated executives.
Rio Tinto discloses material information as
soon as possible to keep the markets for
its securities and other interested parties
informed of events and developments.
Rio Tinto also seeks the prompt disclosure
of accurate information of relevance to its
employees, host communities and others.
The cornerstones of Rio Tintos
continuous disclosure standards are the
immediate disclosure of material information
and the avoidance of selective or inadvertent
disclosure.
Senior managers in the Groups business
units are encouraged to discuss local issues
that relate to their employees and host
communities, but any request for an interview
or for unpublished information about the
Group as a whole should be referred to
Communications & External Relations and/or
Investor Relations as appropriate. If any of
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Rio Tintos continuous disclosure standards continued
these local discussions lead to comment that
could impact the Group then Communications
& External Relations and/or Investor Relations
should be informed immediately.
Other executives may communicate on
relevant business issues with the prior
knowledge and approval of a spokesperson.
Each business unit has guidelines to
ensure that its external communications are in
line with these standards.
Stock exchange communications
The Continuous disclosure committee is
responsible for the disclosure of any
information that would have a material effect
on Rio Tintos share price to the stock
exchanges on which its securities are listed.
The company secretaries are responsible
for the external disclosure of regulatory items,
such as share dealings by individual directors,
which are not generally material and which will
not be issued as a media releases.
Investor seminars, presentations
and briefings
Rio Tinto believes that investor seminars,
presentations and briefings on financial and
operational issues, including social and
environmental performance, are valuable ways
of communicating with relevant professionals,
employees and others interested in particular
fields.
Rio Tinto gives equal access to information
disclosed in investor seminars, presentations
and briefings. Thus if any such event is used to
disclose new material information it will, in
advance or simultaneously, be disclosed to the
Groups stock exchanges and in a media
release, and be made available as a webcast
and/or a teleconference, and/or a transcript
posted on the website.
Rio Tinto does not discriminate against
specific investors, analysts or journalists who
14 Rio Tinto Corporate governance standards
may have made adverse comments or who
have held opinions with which it does not agree.
Communications & External Relations
and/or Investor Relations review the draft
content. Any new material information is
provided to the Groups stock exchanges in
advance or simultaneously with delivery and
presenters avoid giving answers to questions
that individually or cumulatively reveal
undisclosed material information.
Individual meetings and contacts
The head of Investor Relations is responsible
for the programme of contacts with the
investment community while the head of
Communications & External Relations
manages those with the media and others.
Meetings involving discussion of financial
issues will be restricted to information in the
public domain and, as a general rule, will be
attended by at least two Rio Tinto executive
directors and/or employees.
Any comments on forecasts prepared by
analysts and others are limited to errors of
fact. Business units approached directly by
analysts and others for unpublished
information refer such requests to
Communications & External Relations and/or
Investor Relations.
Hosted site visits for analysts and others
to the Groups major operations are
conducted periodically so that they can meet
local management and help them develop a
clearer understanding. These visits are
organised to ensure that no new material
information is disclosed. Site visits are
coordinated through Communications &
External Relations and/or Investor Relations.
Where appropriate the Groups major
operations also provide visitor centres that
are open to the public.
32231_ENG_Text.qxp 31/1/07 14:19 Page 15

Media releases and presentations

Draft media releases and external presentations
are discussed with Communications & External
Relations to allow for consideration of any wider
implications to the Group as well as to prepare
and disseminate background briefings as
necessary.

Website
All of Rio Tintos media releases and appropriate
presentations and speeches made by Group
executives are available in the Media centre and
Investor centre as soon as possible. Visitors to
the website can subscribe to Rio Tinto news
and will be alerted by email when new
information has been posted.

Review of procedures
The Continuous disclosure committee is
responsible for reviewing its Terms of reference
and the Groups Continuous disclosure
standards.

Rio Tinto Corporate governance standards 15

32231_ENG_Text.qxp 21/2/07 4:21 pm Page 16

Designated spokespersons

Global head of communications Andrew Vickerman +44 (0)20 8080 1142

& external relations andrew.vickerman@riotinto.com

Global practice leader, London Christina Mills +44 (0)20 8080 1306
media relations christina.mills@riotinto.com

Head of investor relations Nigel Jones +44 (0)20 7753 2401

nigel.jones@riotinto.com

Investor relations London David Ovington +44 (0)20 7753 2326

david.ovington@riotinto.com

Melbourne Dave Skinner +61 (0)3 9283 3628

dave.skinner@riotinto.com

Susie Creswell +61 (0)3 9283 3639

susie.creswell@riotinto.com

Additional information
If you have any questions arising from these Continuous disclosure standards, please contact a
member of Rio Tintos Media Relations or Investor Relations teams whose details are available
on the website.

www.riotinto.com/aboutus/contactus/investor.aspx
www.riotinto.com/aboutus/contactus/media.aspx

16 Gua de Gobierno Corporativo en Rio Tinto

32231_ENG_Cover.qxp 31/1/07 14:22 Page 1

Rio Tinto plc Rio Tinto Limited

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England Victoria 3000
Australia

Phone: +44 (0)20 7930 2399 Phone: +61 (0)3 9283 3333
Fax: +44 (0)20 7930 3249 Fax: +61 (0)3 9283 3707

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Rio Tinto plc and Rio Tinto Limited.
02/2007/CGG