Unconditional trades in shares of ENRC on LSE will open on December 12

/INTERFAX-KAZAKHSTAN, Almaty, December 7, 07/ - The unconditional trades in shares of Eurasian Natural Resources Corporation (ENRC) will take place within IPO on London stock exchange on December 12 at 8:00 a.m. (of London time), the company informed on Friday. On that day, the conditional trades in securities of ENCR opens on LSE. According to the message, ENCR will offer 252.5 m. of new shares or 20% of company's capital on the stock exchange at the price of 540 pence per unit. Thus, ENCR has to raise 1.364 bn. pounds, being evaluated at 6.8 bn. pounds. The main organizer of the IPO is Deutsche Bank; the co-organizers are ABN Amro Rothschild, Credit Suisse and Morgan Stanley. The company will provide Deutsche Bank with option for 25.3m. shares that can be used till January 10 of 2008. ENRC consolidated assets of such enterprisers as Kazchrome, Aluminum of Kazakhstan, Kazakhstan electrolysis plant, Zhayremskiy ore mining and processing combine, Sokolovsko-Sarbayskoye mining and processing union, Euroasian energy corporation and also ENRC Logistics and ENRC Marketing & Sales. 24.8% shares of ENRC belong to Government of Kazakhstan. [2007-12-07]