SHAREHOLDER RIGHTS PLAN AGREEMENT Dated as of September 22, 2005 BETWEEN FALCONBRIDGE LIMITED — and — CIBC MELLON TRUST COMPANY as Rights Agent McCarthy Tétrault LLP Suite 4700 Toronto Dominion Bank Tower Toronto, Ontario M5K 1E6Shareholder Rights Plan Agreement • September 23rd, 2005 • Falconbridge LTD • Primary smelting & refining of nonferrous metals • Ontario
Contract Type FiledSeptember 23rd, 2005 Company Industry JurisdictionSHAREHOLDER RIGHTS PLAN AGREEMENT dated as of September 22, 2005 between FALCONBRIDGE LIMITED, a corporation existing under laws of the Province of Ontario (the "Corporation"), and CIBC MELLON TRUST COMPANY, a trust company existing under the laws of Canada, as rights agent (the "Rights Agent", which term shall include any successor Rights Agent hereunder).
QuickLinks -- Click here to rapidly navigate through this documentShareholder Rights Plan Agreement • September 23rd, 2005 • Falconbridge LTD • Primary smelting & refining of nonferrous metals
Contract Type FiledSeptember 23rd, 2005 Company IndustrySummary of Shareholder Rights Plan Agreement, dated as of September 22, 2005 between Falconbridge Limited (the "Corporation") and CIBC Mellon Trust Corporation (the "Rights Plan")