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FOR IMMEDIATE RF,LEASE <br />For Details, Contace <br />Bccki Dale - {307) b85-b 14b <br />E-mail: becki.dalaC~riotinto.com <br />Or <br />Cheryl English - (307) 387-6017 <br />E-mail cheryLcn~lis]tC~riotinto.arm <br />May 2.2006 <br />Rio Tinto Energy America <br />Is new name of Kennecott Energy <br />GILLE'T`TE, WY. -Kennecott Energy Company (KEC) toduv announced that it <br />will change its corporate name Co Rio Tinto Energy America (RTEA), effective today. <br />London-based Rio Timo Group founded KEC in 1993, when it acquired the Sprang Creek <br />and Antelope coal mines from PacificCap Holdings, Tnc. The Kennecott name is more <br />generally recognized with copper production. The Rio Tinto Group is using the Rio <br />Tinto identity worldwide to achieve a global recognition of its minerals and mining <br />operations. <br />"This is a natural evolution of our cannon culture;' scud Bret Claryton, president <br />and CEO, based in Gillette. "We have been focusing on collaboration and efficiencies <br />within our mice groups through the "One KEC'~ concept. The importance o1'the Rio <br />Tinto Hams adds a new dimension Co our coal companies and locations." <br />Clayton emphasized that this is a change in name only and is not a reorganization. <br />"There will be no chan~c in tmy of otu~ mining operations or staffing," Clayton <br />said. "The only change_will show up on signagz=, work clothing, business cards, <br />advertising, office materials turd, eventually, at dre Cop of everyone's paycheck." <br />Clayton said, as the expected benet7ts of the name change are realised, employee, <br />will share in the improved pe[fiormancc of [he company stock through profit sharing and <br />incentive plans. He said Rio Tinto has broad recognition throughout the ward as a leader <br />Rio Tinto Liability Certifcate.doc:5/26/2006 <br />