NVTK.L Regulatory News (NVTK)

21 Jul 2005 08:30

Morgan Stanley Securities Limited21 July 2005 21 July 2005 The London Stock Exchange10 Paternoster SquareLondon, EC4M 7LS Dear Sirs OAO Novatek - Offering of 52,445,300 Global Depositary Receipts (GDRs) plusover-allotment option of up to 5,244,500 additional GDRs Stabilisation Notice Pursuant to Core Dealing Rules 3060.2 and 3061.5, Morgan Stanley SecuritiesLimited hereby notifies the London Stock Exchange that it may stabilise theoffering of GDRs representing shares in OAO Novatek as agent for the stabilisingmanager Morgan Stanley & Co. International Limited • Security to be stabilised: GDRs each representing 0.01 shares in OAO Novatek • Security Identifier: US6698881090 • Stabilising Manager: Morgan Stanley & Co. International Limited (Contact - Henrik Gobel 020-7425-9069) • Stabilisation period commences: 21 July 2005 at 9.00am London time • Stabilisation period ends: Close of business on 19 August 2005 • Offer price: US$16.75 per GDR was determined and announced at approximately 7.00am London time on 21 July 2005 • Associated securities being stabilised: None Yours faithfully MORGAN STANLEY SECURITIES LIMITED This information is provided by RNS The company news service from the London Stock Exchange