CARMAGNOLA, Italy, December 1 /PRNewswire/ --
-- This Tender Offer and Consent Solicitation is not Being Made in Italy. Any Attempted Acceptance by Residents of Italy Shall be Void.
Teksid Aluminum Luxembourg S.à r.l., S.C.A. (the "Company") announced today that the Consent Payment Deadline (as defined herein) of its tender offer for any and all of its 11 3/8% Senior Notes due 2011 (the "Senior Notes") and related solicitation of consents to amend the indenture governing the Senior Notes and the Registration Rights Agreement relating to the Senior Notes has been extended from 10:00 a.m., New York City time (3:00 p.m., London time), on December 1, 2006 to 10:00 a.m., New York City time (3:00 p.m., London time), on December 22, 2006, unless further extended or earlier terminated (the "Consent Payment Deadline"). In addition, the Expiration Date (as defined herein) of the tender offer and consent solicitation has been extended from 10:00 a.m., New York City time (3:00 p.m., London time), on December 15, 2006 to 10:00 a.m., New York City time (3:00 p.m., London time), on December 29, 2006, unless further extended or earlier terminated (the "Expiration Date").
As of 10:00 a.m., New York City time (3:00 p.m., London time) on November 30, 2006, no tenders and consents had been received from holders of Senior Notes.
Holders who have previously tendered Senior Notes do not need to re-tender their Senior Notes or take any other action in response to this extension. Holders who have previously tendered Senior Notes may withdraw their Senior Notes in accordance with the instructions set forth in the Statement (as defined below) at any time prior to the Consent Payment Deadline.
All other terms, provisions and conditions of the tender offer and consent solicitation shall remain the same. Information regarding the tender and delivery procedures and conditions to the tender offer and consent solicitation is contained in the Company's offer to purchase and consent solicitation statement dated November 16, 1 Dic. (the "Statement") - .
The conditions set forth in the Statement are for the Company's sole benefit and the Company may waive them in whole or in part at any or at various times prior to the expiration of the tender offer and consent solicitation in its sole discretion. In addition, subject to the terms set forth in the Statement, the Company expressly reserves the right, but will not be obligated, at any time or from time to time, on or prior to the Expiration Date, to further extend or amend the tender offer and consent solicitation in any respect, subject to applicable law.
For information regarding the tender offer and consent solicitation, please refer to the Statement, including the procedures described in the Statement under "Procedures for Tendering Senior Notes and Delivering Consents."
In addition, for further information please contact: Lazard Frères & Co. LLC (30 Rockefeller Plaza, New York, New York 10020, U.S.A., Attention: Investment Banking Department, Tel: +1-(212)-632-6000 or 1-800-LAZ-F144 (toll-free)), in its capacity as the Dealer Manager and Solicitation Agent. Copies of the Statement may be obtained from The Bank of New York and The Bank of New York (Luxembourg) S.A. (One Canada Square, London E14 5AL, England, Attention: Corporate Trust Administration, e-mail: lloydgeorge@bankofny.com, Tel: +44-207-964-6461), in their capacity as Information Agents.
This announcement is for informational purposes only and does not constitute an invitation to participate in the tender offer and consent solicitation in any jurisdiction in which, or to or from any person to or from whom it is unlawful to make such invitation under applicable securities laws. The distribution of this announcement in certain jurisdictions may be restricted by law. Persons into whose possession this document comes are required to inform themselves about, and to observe any such restrictions. The tender offer and consent solicitation are made only by the Statement dated November 16, 2006. You should read the Statement before making a decision whether to tender the Senior Notes and deliver consents.
This press release shall not constitute an offer to buy or solicitation of an offer to sell, nor shall there be any purchase or sale of the Senior Notes, or solicitation of consents, in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws relating to the tender offer and consent solicitation. These statements are based upon management's current expectations and beliefs and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include market conditions and other factors beyond the Company's control and the risk factors and other cautionary statements discussed in the Statement.
Contact: Massimiliano Chiara, Finance Director - tel.- +39-011-979-4889, massimiliano.chiara@teksidaluminum.com
