Notice on the Expiration of the Tender Offer for Liaohe Jinma Oilfield Co., Ltd. by China National Petroleum Corporation
China National Petroleum Corporation (hereinafter referred to as "CNPC") announced on November 15, 2005, the tender offer report for Liaohe Jinma Oilfield Co., Ltd. (hereinafter referred to as "Liaohe Oilfield") to all shareholders other than CNPC, according to the China Securities Regulatory Commission's document [2005] 119 regarding the tender offer for "Liaohe Oilfield" shares. The tender offer period will expire at the end of trading on December 14, 2005, at 15:00.
1. Basic Information on the Tender Offer
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Tender Offer Target: All circulating shareholders of Liaohe Oilfield
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Tender Offer Period: November 15, 2005, to December 14, 2005
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Purpose of the Tender Offer: To terminate the listing status of Liaohe Oilfield
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Payment Method: Cash payment
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Shares Involved in the Tender Offer:
| Share Type | Offer Price | Number of Shares | Percentage of Total Shares |
|---|---|---|---|
| Circulating Shares | RMB 8.80 per share | 200 million shares | 18.18% |