Market Update
22 Maio 2009 - 6:06AM
UK Regulatory
TIDMSBE TIDMGAZ
RNS Number : 7113S
Sibir Energy PLC
22 May 2009
Sibir Energy plc ("Sibir" "The Company")
Market Update
The Board of Sibir has noted today's announcement by Renaissance Capital
(Cyprus) Limited on behalf of JSC Gazprom Neft ("Gazrpom Neft") inviting
shareholders to offer their Sibir shares for sale and the fact that no fixed
price is being offered in relation to prospective purchases of shares. The Board
wishes to draw shareholders attention to the fact that in a recent series of
transactions Gazprom Neft paid GBP5 per share for shares in the Company and in
the view of the Board shareholders should be guided by the price paid by
Gazpromneft in these recent transactions.
Further announcements will be made as appropriate.
Enquiries to:
Stuard Detmer, CEO
Moscow +7 495 792 3045
Rory Murphy, Strand Partners Limited
London +44 (0) 20 7409 3494
Ian Hannam/Neil Haycock, J.P. Morgan Cazenove
London+44 (0) 20 7588 2828
Nick Miles, M: Communications
London +44 (0) 20 7153 1535
This information is provided by RNS
The company news service from the London Stock Exchange
END
STREANSAAEANEEE
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