RIO TINTO LTD

We adopted the Amendments to IAS 1 which specify the

requirements for classifying liabilities as either current or

non-current. The amendments clarify that a right to defer the

settlement must exist at the end of the reporting period and that

classification is unaffected by the likelihood that an entity will exercise

its deferral right. In addition, a requirement has been introduced

whereby an entity must disclose when a liability arising from a loan

agreement is classified as non-current and the entity’s right to defer

settlement is contingent on compliance with future covenants within

12 months. The amendments do not have a material impact on the

Group.

Refer to note 20 for additional disclosures made in relation to

Amendments to IAS 1.