H.k.land Regulatory News (HKLD)

22 Dec 2005 07:30

UBS AG22 December 2005 London Stock Exchange plcFAO Market Control/Market Supervision Team10 Paternoster SquareLondon EC4M 7LS Stabilisation Announcement 22 December 2005 Stabilization Notice: Hongkong Land Holdings Limited In connection with the US$400 million Guaranteed Convertible Bond offering byHongkong Land CB (2005) Limited guaranteed by Hongkong Land Holdings Limited: ISIN Code: XS0237975932 UBS AG as stabilization manager, or any other person acting for it, may effecttransactions with a view to supporting the market price of the Convertible Bondsat a level higher than that which might otherwise prevail from around 5:30 p.m.on 6 December 2005 (GMT) to 20 January 2006. However, there may be no obligationon UBS AG, or any agent of UBS AG, to do this. Such transactions may be effectedon the London Stock Exchange and any other securities market, over the countermarket, stock exchange or otherwise. Such stabilizing, if commenced, may bediscontinued at any time and must be brought to an end no later than 20 January2006. Number of Convertible Bonds in the Offer: 4,000 The issue price of the Guaranteed Convertible Bonds of Hongkong Land CB (2005)Limited of nominal US$100,000 each was set at 100% on 6 December 2005 (Londontime) / 7 December 2005 (Hong Kong time) UBS AG contacts: Telephone: Peter Guenthardt, +852 2971 7398 Derek Lowe, +44 20 756 82283 This announcement may not be distributed, directly or indirectly, in or into theUnited States, Canada, Australia or Japan. Stabilization FSA This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire of disposeof any securities of Hongkong Land CB (2005) Limited or Hongkong Land HoldingsLimited in any jurisdiction. The announcement and offer of the securities to which it relates are onlyaddressed to and directed at persons outside the United Kingdom and persons inthe United Kingdom who have professional experience in matters related toinvestments or who are high net worth persons within article 12(5) of theFinancial Services and Markets Act 2000 (Financial Promotion) Order 2005 andmust not be acted on or relied on by other persons in the United Kingdom. In addition, if and to the extent that this announcement is communicated in, orthe offer of the securities to which it relates is made in, any EEA Member Statethat has implemented Directive 2003/71/EC (together with any applicableimplementing measures in any EEA Member State, the "Prospectus Directive")before the publication of a prospectus in relation to the securities which hasbeen approved by the competent authority in that EEA Member State in accordancewith the Prospectus Directive (or which has been approved by a competentauthority in another EEA Member State and notified to the competent authority inthat EEA Member State in accordance with the Prospectus Directive), thisannouncement and the Global Offer are only addressed to and directed at personsin that EEA Member State who are qualified investors within the meaning of theProspectus Directive (or who are other persons to whom the offer may lawfully beaddressed) and must not be acted on or relied on by other persons in that EEAMember State. The Convertible Bond offering and the distribution of this announcement andother information in connection with the Convertible Bond offering in certainjurisdictions may be restricted by law and persons into whose possession anydocument or other information referred to herein comes should inform themselvesabout and observe any such restriction. Any failure to comply with theserestrictions may constitute a violation of the securities laws of any suchjurisdiction. This announcement is not an offer of securities for sale into the United States.The securities have not been, and will not be, registered under the U.S.Securities Act of 1933 and may not be offered or sold in the United Statesabsent registration or an exemption from registration. There will be no publicoffer of securities in the United States. END This information is provided by RNS The company news service from the London Stock Exchange