EURASIAN NATURAL RESOURCES CORPORATION PLC (ENRC, United Kingdom) comments on talks with Central African Mining & Exploration Company PLC

18.09.09 17:37
/KASE, September 18, 09/ - EURASIAN NATURAL RESOURCES CORPORATION PLC (London), common shares of which are listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release dated September 16, 2009: Quotation begins London - Eurasian Natural Resources Corporation PLC ("ENRC" or "the Group") notes recent press speculation regarding discussions with Central African Mining and Exploration Company PLC ("CAMEC"). ENRC confirms that it is currently in advanced discussions with CAMEC regarding a potential offer for CAMEC. However whilst ENRC is engaged in such discussions and is assessing the merits of a potential transaction, there can be no certainty that such any transaction will proceed. If an offer was made for CAMEC ENRC would anticipate that such an offer would be in cash and at a price of 20 pence per CAMEC share. A further announcement will be made if and when appropriate. In accordance with Rules 2.10 of the United Kingdom's 'Takeover Code', ENRC confirms that it currently has 1,287,750,000 ordinary shares in issue, each with a US 20 cents par value (ISIN: GB00B29BCK10). For further information, please contact: ENRC: Investor Relations Mounissa Chodieva +44 (0) 20 7389 1879 James S Johnson +44 (0) 20 7389 1862 Marianna Adams +44 (0) 20 7389 1886 ENRC: Press Relations Julia Kalcheva +44 (0) 20 7389 1861 M: Communications Hugh Morrison +44 (0) 20 7920 2334 Edward Orlebar +44 (0) 20 7920 2323 Elly Williamson +44 (0) 20 7920 2339 Ends Regarding the same subject EURASIAN NATURAL RESOURCES CORPORATION PLC provided a press release dated September 17, 2009: Quotation begins Eurasian Natural Resources Corporation PLC ("ENRC" or "the Group") notes the announcement earlier today of African Minerals Limited (AIM:AMI). ENRC is considering a range of opportunities, including diversification into Africa, but at this time the focus of its consideration is the possible transaction with Central African Mining and Exploration Company PLC ("CAMEC"). ENRC confirmed in its announcement of September 16, 2009, that it is currently in advanced discussions with CAMEC. Whilst ENRC is engaged in such discussions and is assessing the merits of a potential transaction, there can be no certainty that any such transaction will proceed. For further information, please contact: ENRC: Investor Relations Mounissa Chodieva +44 (0) 20 7389 1879 James S Johnson +44 (0) 20 7389 1862 Marianna Adams +44 (0) 20 7389 1886 ENRC: Press Relations Julia Kalcheva +44 (0) 20 7389 1861 M: Communications Hugh Morrison +44 (0) 20 7920 2334 Edward Orlebar +44 (0) 20 7920 2323 Elly Williamson +44 (0) 20 7920 2339 Ends [2009-09-18]