Talisman Energy Inc.
28 October 2005
Not for release, publication or distribution in or into the United States,
Canada, Australia or Japan
28 October, 2005
FOR IMMEDIATE RELEASE
Recommended Cash Offer
by Goldman Sachs International
on behalf of
Talisman Energy Resources Limited
a wholly-owned subsidiary of
Talisman Energy Inc.
Paladin Resources plc
POSTING OF OFFER DOCUMENTATION
Further to the announcement made on 20 October 2005, Talisman announces that the
document (the 'Offer Document') containing the full terms and conditions of the
Offer being made by Goldman Sachs International on behalf of Talisman Resources,
a wholly-owned subsidiary of Talisman, is being posted to Paladin Shareholders
today, together with the Form of Acceptance.
If you hold Paladin Shares in certificated form, to accept the Offer, the Form
of Acceptance should be completed, signed and returned as soon as possible and,
in any event, so as to be received by Lloyds TSB Registrars by no later than
1.00 p.m. (London time) on 18 November, 2005.
If you hold Paladin Shares in uncertificated form (that is, in CREST), to accept
the Offer, an electronic acceptance should be sent through CREST so that the TTE
Instruction settles no later than 1.00 p.m. (London time) on 18 November, 2005.
If you hold Paladin Shares as a CREST sponsored member, you should refer to your
CREST sponsor as only your CREST sponsor will be able to send the necessary TTE
Instruction to CREST.
Terms defined in the Offer Document shall have the same meanings in this
For further information contact:
Jackie Sheppard +1 403 237 1183
David Mann +1 403 237 1196
Chris LeGallais +1 403 237 1957
Goldman Sachs International
Julian Metherell +44 (0)20 7774 1000
Nigel Robinson +44 (0)20 7774 1000
Goldman Sachs International, which is authorised and regulated in the United
Kingdom by the Financial Services Authority, is acting as financial adviser and
corporate broker to Talisman and Talisman Resources in connection with the Offer
and no one else and will not be responsible to anyone other than Talisman and
Talisman Resources for providing the protections afforded to customers of
Goldman Sachs International or for providing advice in relation to the Offer.
This announcement does not constitute, or form part of, any offer for, or any
solicitation of any offer for, securities. Any acceptance or other response to
the Offer should be made only on the basis of information referred to in the
The availability of the Offer to persons who are not resident in the United
Kingdom may be affected by the laws of their relevant jurisdiction. Such
persons should inform themselves of, and observe, any applicable legal or
regulatory requirements of their jurisdiction. Further details in relation to
overseas shareholders will be contained in the Offer Document.
Unless otherwise determined by Talisman Resources, the Offer is not being made,
directly or indirectly, in or into or by the use of the mails of, or by any
means or instrumentality (including, without limitation, telephonically or
electronically) of interstate or foreign commerce of, or through any facilities
of a national securities exchange of, the United States, Canada, Australia or
Japan or any other jurisdiction if to do so would constitute a violation of the
relevant laws of such jurisdiction, and the Offer should not be accepted by any
such use, means, instrumentality or facilities or from or within the United
States, Canada, Australia or Japan or any such other jurisdiction. Accordingly,
copies of this announcement are not being, and must not be mailed or otherwise
forwarded, distributed or sent in, into or from the United States, Canada,
Australia or Japan and all persons receiving this announcement (including
nominees, trustees and custodians) must not mail or otherwise forward,
distribute or send it in, into or from the United States, Canada, Australia or
Japan. Doing so may render invalid any purported acceptance of the Offer.
Notwithstanding the foregoing, Talisman Resources will retain the right to
permit the Offer to be accepted and any sale of securities pursuant to the Offer
to be completed if, in its sole discretion, it is satisfied that the transaction
in question can be undertaken in compliance with applicable law and regulation.
This information is provided by RNS
The company news service from the London Stock Exchange