MLD.L Regulatory News (MLD)

15 Oct 2007 07:01

Mirland Development Corporation PLC15 October 2007 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN THE UNITED STATES OF AMERICA MIRLAND DEVELOPMENT CORPORATION plc ('MirLand'/ the 'Company') MIRLAND CONSIDERING BOND ISSUANCE LONDON, 15 October 2007 - MirLand Development Corporation, one of Russia'sleading residential and commercial property developers, announces that it hasfiled a draft prospectus with the Israeli Securities Authority as a preliminarystep towards a possible bond issuance. No details of the issuance have yet beendetermined and there is no certainty that the issuance will take place. MirLandwill update the market in due course. -ENDS- For further information: MirLand Development Corporation plc +7 495 130 31 09 Roman Rozental roman@mirland-development.com Financial Dynamics +44 20 7831 3113 Dido Laurimore/Nicole Marino dido.laurimore@fd.com/nicole.marino@fd.com THE INFORMATION CONTAINED HEREIN IS NOT FOR PUBLICATION OR DISTRIBUTION INTO THEUNITED STATES. THE MATERIAL SET FORTH HEREIN IS FOR INFORMATIONAL PURPOSES ONLYAND IS NOT INTENDED, AND SHOULD NOT BE CONSTRUED, AS AN OFFER OF SECURITIES FORSALE INTO THE UNITED STATES OR ANY OTHER JURISDICTION. THE SECURITIES OF THECOMPANY DESCRIBED HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.SECURITIES ACT OF 1933, AS AMENDED (THE 'SECURITIES ACT'), OR THE LAWS OF ANYSTATE, AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES, EXCEPT PURSUANTTO AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATIONREQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE LAWS. THERE IS NOINTENTION TO REGISTER ANY PORTION OF THE OFFERING IN THE UNITED STATES OR TOCONDUCT A PUBLIC OFFERING OF SECURITIES IN THE UNITED STATES. This information is provided by RNS The company news service from the London Stock Exchange