Company Profile For Antofagasta PLC

Antofagasta plc (Antofagasta) is a Chile-based copper mining group with interests in transport and water distribution. The Company is a holding company that operates through its subsidiaries. The principal activities of the Company are copper mining (including exploration and development), the transportation of freight by rail and road and the distribution of water. Its activities are mainly concentrated in Chile where it owns and operates three copper mines with a total production, during the year ended December 31, 2008, of 477,700 tons of copper in cathode and concentrate and 7,800 tons of molybdenum in concentrate. It has three principal divisions: mining, transport and water. Antofagasta also has exploration or feasibility programs in Latin America, Asia and Africa.

BRIEF: For the six months ended 30 June 2009, Antofagasta plc's revenues decreased 51% to $1.18B. Net income decreased 70% to $235.7M. Revenues reflects a decrease Net income in income from Los Pelambres, El Tesoro, Michilla & Water. Net income reflects increase operating cost, a decrease in investment income, higher interest expense and lower share of income from associate. Antofagasta plc is a Chile-based copper mining group.