VGAS.L Regulatory News (VGAS)

25 May 2007 07:01

Volga Gas PLC25 May 2007 25 May, 2007 FOR IMMEDIATE RELEASE NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO THE UNITED STATES, RUSSIA, AUSTRALIA, CANADA, JAPAN, THE REPUBLIC OF SOUTH AFRICA OR THE REPUBLIC OF IRELAND VOLGA GAS PLC END OF STABILISATION NOTICE KBC Peel Hunt Ltd, Stabilising Manager in the issue of the following securitieshereby gives notice that the Stabilising period ended at close of business on 24May 2007. The securities:Issuer: Volga Gas plc (the "Company")ISIN: GB00B1VN4809Aggregate nominal amount: 1pOffer price: US$6 (approx £3) per share KBC Peel Hunt Ltd (a member firm) (contact - Marianne Woods at +44 20 74188890); hereby gives notice that no stabilisation (within the meaning of therules of the Financial Services Authority) was undertaken by the StabilisingManager named below in relation to the offer of the following securities. 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 Company in any jurisdiction. This announcement is not an offer of securities for sale in or into the UnitedStates. The securities have not been, and will not be, registered under theUnited States Securities Act of 1933 and may not be offered or sold in theUnited States absent registration or an available exemption from registration.There has not been and will not be a public offer of securities in the UnitedStates KBC Peel Hunt Ltd, which is authorised and regulated in the United Kingdom bythe Financial Services Authority, is acting exclusively for the Company andno-one else in connection with the Placing. It will not regard any other personas its clients in relation to the Placing and will not be responsible to anyoneother than the Company for providing the protections afforded to its client, norfor providing advice in relation to the Placing, the contents of thisannouncement or any transaction, arrangement or other matter referred to herein. This information is provided by RNS The company news service from the London Stock Exchange