SBE Sibir Energy

 

TIDMSBE 
 
RNS Number : 5307T 
Sibir Energy PLC 
08 June 2009 
 

8 June 2009 
 
 
Sibir Energy Plc 
("Sibir" or the "Company") 
 
 
Sibir announces that today it will post a letter to overseas shareholders in 
certain overseas jurisdictions informing them that it may be possible for them 
to sell their Sibir ordinary shares of 10p each ("Sibir Shares") to the 
Company's broker, J.P. Morgan Cazenove Limited ("JPMC"), at 500 pence per Sibir 
Share, which would then be tendered to Renaissance Securities (Cyprus) Limited 
for the purposes of the recommended cash offer (the "Offer") by Renaissance 
Securities (Cyprus) Limited on behalf of JSC Gazprom Neft of 500 pence for 
certain Sibir Shares. 
 
 
JPMC is providing assistance solely to facilitate an exit for certain 
shareholders, from their investment in Sibir (in whole or in part) should they 
so wish, who did not receive the Offer on account of their holding Sibir Shares 
in jurisdictions other than the United Kingdom. No fee or commission would be 
charged by JPMC in the event of any transaction. Any decision to sell Sibir 
Shares to JPMC would be entirely that of the Sibir Shareholder and JPMC reserves 
the right in its absolute discretion to refuse to purchase Sibir Shares. 
 
 
The letter will be sent to addresses in the following jurisdictions: 
 
 
Belgium 
China 
Germany 
Guernsey 
Hong Kong 
Isle of Man 
Japan 
Jersey 
Republic of Ireland 
Russia 
United Arab Emirates 
 
 
The Company is investigating whether a similar letter can be posted to addresses 
in other jurisdictions and further announcements will be made in due course if 
and when appropriate. 
 
 
Contacts: 
 
 
Stuard Detmer, CEO, Sibir Energy 
Moscow +7 (495) 790 78 30 
 
 
Andrew Harrison, Company Secretary 
London +44 (0) 20 7495 7878 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCBBGDLDSGGGCI 
 

Sibir Energy (LSE:SBE)
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