Phoenix Global Mining Regulatory News (PGM)

3 May 2007 17:45

JPMorgan Securities Ltd03 May 2007 3 May 2007 Not for distribution, directly or indirectly, in or into the United States orany jurisdiction in which such distribution would be unlawful. The Procter & Gamble Company Stabilisation Notice JPMorgan Securities Limited, (contact: Robin Stoole telephone: 0207 779 2468)hereby gives notice that the Stabilising Manager(s) named below may stabilisethe offer of the following securities in accordance with Commission Regulation(EC) No. 2273/2003 implementing the Market Abuse Directive (2003/6/EC). The securities: Issuer: The Procter & Gamble Company Guarantor (if any): n/a Aggregate nominal amount: EUR 2,500,000,000 Description: EUR 1,500,000,000, 7yr at MS+17, 4,5 cent. Notes due 12 May 2014 EUR 1,000,000,000, 20 yr at MS+33, 4,875 per cent. Notes due 11 May 2027 Offer price: EUR 1,500,000,000 at 99,401 EUR 1,000,000,000 at 99,012 Other offer terms: Listing: Irish Stock Exchange, Denominations €50,000 x €1,000 Stabilisation: Stabilising Manager(s): JPMorgan Securities Limited 125 London Wall, London EC2Y 5AJ Deutsche Bank 77 London Wall 1 Great Winchester Street London EC2M 2DB Goldman Sachs International 133 Fleet Street London EC4A 2BB Morgan Stanley & Co. International Ltd 20 Cabot Square Canary Wharf London E14 4QW Stabilisation period expected to 3 May 2007start on: Stabilisation period expected to 3 June 2007end no later than: Maximum size of over-allotment 5% of the aggregate nominal amount statedfacility:(1) above. In connection with the offer of the above securities, the Stabilising Manager(s), or persons acting on behalf of the Stabilising Manager(s) may over-allotthe securities, provided that the aggregate principal amount of the securitiesallotted does not exceed 105 percent of the aggregate principal amount of thesecurities, or effect transactions with a view to supporting the market price ofthe securities at a level higher than that which might otherwise prevail.However, there is no assurance that the Stabilising Manager(s) or persons actingon behalf of the Stabilisation Manager(s) will take any stabilisation action.Stabilisation action may begin on or after the date on which adequate publicdisclosure of the final terms of the offer is made and, if begun, may be endedat any time, but it must end no later than the earlier of 30 days after theissue date of the securities and 60 days after the date of allotment of thesecurities.This announcement is for information purposes only and does not constitute aninvitation or offer to underwrite, subscribe for or otherwise acquire or disposeof any securities of the Issuer in any jurisdiction.This announcement and the 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 Member State, the "Prospectus Directive") beforethe publication of a prospectus in relation to the securities which has beenapproved by the competent authority in that Member State in accordance with theProspectus Directive (or which has been approved by a competent authority inanother Member State and notified to the competent authority in that MemberState in accordance with the Prospectus Directive), this announcement and theoffer are only addressed to and directed at persons in that Member State who arequalified investors within the meaning of the Prospectus Directive (or who areother persons to whom the offer may lawfully be addressed) and must not be actedon or relied on by other persons in that Member State.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 UnitedStates Securities Act of 1933 and may not be offered or sold in the UnitedStates absent registration or an exemption from registration. There will be nopublic offer of securities in the United States. END This information is provided by RNS The company news service from the London Stock Exchange