Db Investments Offer For De Beers - Exchange Rates
DB Investments
RC Luxembourg No: B78985
Incorporated as a societe anonyme under the laws of Luxembourg
De Beers Consolidated Mines Limited
(Incorporated in the Republic of South Africa)
(Company Registration number 1888/000007/06)
De Beers Centenary AG
(Incorporated in accordance with the laws of Switzerland)
DB INVESTMENTS OFFER FOR DE BEERS
EXCHANGE RATES AND SALE OF FRACTIONS
De Beers Consolidated Mines Limited and De Beers Centenary AG (together "De
Beers") and DB Investments ("DBI") announce that, in relation to the offer
for De Beers by DBI, with respect to payment of the cash consideration in
currencies other than United States Dollars and the sale of Fractions:
* the exchange rate for payments of the cash consideration (other than the
Anglo American Dividend Entitlement) to be made in South African Rands has
been fixed, in accordance with the requirements of the Scheme, at ZAR7.9822
to US$1.00;
* the exchange rate for payments of the cash consideration to be made in
UK Pounds Sterling has been fixed, in accordance with the requirements of
the Scheme, at US$1.4117 to GBP1.00; and
* the net proceeds from the sale of Fractions was US$16.06 per Anglo
American Share.
In accordance with the arrangements set out in the Scheme Circular and
timetable previously announced, the Scheme Consideration will be
posted/available for collection with effect from 8 June 2001.
6 June 2001
Enquiries
De Beers Rory More O'Ferrall +44 20 7430 3126
Andrew Lamont (UK Media) +44 20 7430 3515
Joan Braune (International PR) +44 20 7430 3505
Richard Chetwode (International IR) +44 20 7430 3102
Tracey Peterson (SA Media) +27 11 374 7388
Mark Irvine (SA IR) +27 11 374 7174
Smithfield Financial John Antcliffe +44 20 7360 4900
John Kiely +44 20 7360 4900
Sponsor
HSBC Investment Services (Africa) (Pty) Ltd
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
