Coal & Allied benefits from market conditions – 2005 half year results

29 July 2005

Rio Tinto’s 75.7 per cent owned subsidiary, Coal & Allied Industries Limited, issued the following news release in Australia. All dollars are Australian currency

SUMMARY

• Net profit after tax was $126.4 million compared with $3.3 million for the same period last year
• Net debt has reduced in Australian dollar terms by 21 per cent in the first half of 2005 to $203.7 million
• An interim dividend of $1.10 will be paid on ordinary shares

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