OREANDA-NEWS. December 15, 2009. EURASIAN NATURAL RESOURCES CORPORATION PLC, common shares of which are listed on the Kazakhstan Stock Exchange (KASE), provided KASE with a press release, reported the press-centre of KASE:

Not for release, publication or distribution in or into Canada, Australia or Japan or any other jurisdiction where to do the same would constitute a violation of the relevant laws of such jurisdiction.
                                              
ENRC announced that its recommended cash offer ("Offer") to be made by ENRC Africa, to acquire at 20 pence per CAMEC share, the entire issued and to be issued ordinary share capital of CAMEC which is not already owned or otherwise contracted to be acquired by ENRC or members of its group had become unconditional in all respects, and that the Offer was extended and will remain open until further notice.

Levels of acceptances

As at 1:00 p.m. (London time) on 7 December 2009 (London time), ENRC had received valid acceptances from eligible CAMEC Shareholders in respect of 1,920,501,124 CAMEC Shares, representing approximately 93.55 per cent. in nominal value of the CAMEC Shares to which the Offer relates.

Therefore, taking into account the 825,120,595 CAMEC Shares acquired by ENRC Africa on 17 and 18 September 2009, as at 1:00 pm (London time) on 7 December 2009, ENRC either owned or had received valid acceptances in respect of 2,745,621,719 CAMEC Shares, representing approximately 95.40 per cent. of the entire issued share capital of CAMEC.
 
CAMEC Shareholders can still accept the Offer which remains open until further notice. CAMEC Shareholders who have not yet accepted the Offer are urged to do so as soon as possible and should follow the procedures for acceptance of the Offer set out below.

Procedure for acceptance of the Offer

To accept the Offer:

- ALL CAMEC Shareholders who have not yet accepted the Offer and who hold their CAMEC Shares in certificated form (that is not in CREST), should complete, sign and return the Form of Acceptance, in accordance with the instructions contained therein and as set out in the Offer document.

- ALL CAMEC Shareholders who have not yet accepted the Offer and who hold their CAMEC Shares in certificated form (that is in CREST), should follow the procedure for electronic acceptance through CREST in accordance with the instructions set out in the Offer document.