12 October 2005
The information contained herein is restricted and is not for release or
distribution in or into the United States of America, Australia, Canada, the
Republic of Ireland or Japan or to a US person or to residents or citizens of
Australia, Canada, the Republic of Ireland or Japan.
October 12, 2005
Exercise of Managers' Option
JPMorgan Cazenove Limited ("JPMorgan Cazenove"), the stabilising manager, on
behalf of the Underwriters of the Global Offer of Kazakhmys PLC, today exercised
the managers' option over 18,371,657 existing ordinary shares of 20 pence each
of Kazakhmys PLC (ISIN GB00B0HZPV38) at the Global Offer price of 540 pence per
For further information contact JPMorgan Cazenove (Greg Bennett on +44 207 155
8604) or Credit Suisse First Boston (Europe) Limited (Hasnen Varawalla on +44
207 888 1679).
This announcement does not contain or constitute an offer, invitation or
solicitation to purchase or subscribe for any securities of Kazakhmys PLC
("Kazakhmys") and should not be relied on in connection with any decision to
purchase or subscribe for any such securities.
JPMorgan Cazenove Limited, J.P. Morgan Securities Ltd. (together, "JPMorgan")
and Credit Suisse First Boston (Europe) Limited ("Credit Suisse First Boston"),
are acting for Kazakhmys and no one else in connection with the listing of
shares on the London Stock Exchange of the ordinary shares of Kazakhmys (the
"Ordinary Shares") and the Global Offer, and will not be responsible to anyone
other than Kazakhmys for providing the protections afforded to clients of
JPMorgan and Credit Suisse First Boston, nor for giving advice in relation to
the Global Offer or any matter referred to in any documents or other information
This announcement is not an offer of securities for sale in the United States.
Securities may not be offered or sold in the United States absent registration
or an exemption from registration. There will be no public offer of the Ordinary
Shares in the United States.
The Kazakhmys shares the subject of the Global Offer have not been and will not
be registered under the US Securities Act of 1933 (the "Securities Act") and may
not be offered or sold in the United States absent registration under the
Securities Act or exemption from the registration requirements thereof.
Neither this announcement nor any copy of it may be made or transmitted into the
United States, its territories or possessions or distributed, directly or
indirectly, in the United States, its territories or possessions. Neither this
announcement nor any copy of it may be taken or transmitted into Australia,
Canada, Japan or the Republic of Ireland or to any persons in any of those
jurisdictions. Any failure to comply with this restriction may constitute a
violation of United States, Australian, Canadian, Japanese or Irish securities
law. The distribution of this document in other jurisdictions may be restricted
by law and persons into whose possession this document comes should inform
themselves about, and observe, any such restrictions. The securities referred to
herein have not been and will not be registered under the applicable securities
laws of the United States, Canada, Australia, Japan or the Republic of Ireland
and, subject to certain exceptions, may not be offered or sold within the United
States, Canada, Australia, Japan or the Republic of Ireland or to any national,
resident or citizen of the Unites States, Canada, Australia, Japan or the
Republic of Ireland.
October 12, 2005
This information is provided by RNS
The company news service from the London Stock Exchange