OCI N.V. to Proceed with Filing Documentation CAIRO,

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OCI N.V. to Proceed with Filing Documentation

CAIRO, EGYPT--(Marketwired - May 14, 2013) -

 

                                    Cairo,Egypt / 14 May, 2013 9:00 AM

OCI N.V. to Proceed with Filing Documentation to Complete Exchange
Offer

OCI N.V.'s subsidiary, Orascom Construction Industries (OCI), announced
today that it has been advised by OCI N.V. of its intention to formally
proceed with filing all necessary documentation with the relevant
Egyptian authorities to complete the Company's tender offer for the
ordinary shares of OCI listed on the Egyptian Stock Exchange (EGX).

Pursuant to Chapter XII of Egypt's Capital Markets Law No. 95 of the
year 1992, OCI N.V. will offer holders of OCI's outstanding ordinary
shares listed on the EGX the option to exchange their shares for OCI
N.V. shares, or, at the election of the relevant holder, a cash
alternative of EGP 255 per share.

The Company has signed extensions to the equity commitments made
byparticipating US investors comprising Cascade Investment, L.L.C.,
Southeastern Asset Management, and Davis Selected Advisers to fund the
cash alternative to shareholders.

OCI remains committed to announcing further details related to the
offer in due course.




About OCI N.V.:

OCI N.V. is a global nitrogen-based fertilizer producer and engineering&
construction contractor based in the Netherlands. The Fertilizer
Group owns and operates nitrogen fertilizer plants in the Netherlands,
the United States, Egypt and Algeria and has an international
distribution platform spanning from the Americas to Asia. The
Fertilizer Group ranks among the world's top fertilizer producers with
a fertilizer production capacity of nearly 7 million metric tons. The
Construction Group provides international engineering and construction
services primarily on infrastructure, industrial and high-end
commercial projects in the United States, Europe, the Middle East,
North Africa and Central Asia for public and private clients. The
Construction Group ranks among the world's top global contractors. OCI
N.V. employs more than 75,000 people in 35 countries around the globe
and is listed on the NYSE Euronext in Amsterdam.

For additional information contact:
Investor Relations            For additional information on OCI N.V.:
Department:

Omar Darwazah                  www.ocinv.nl 
Email:
 odarwazah@orascomci.co.uk 
                              Mijnweg 1,
Erika Wakid                   6167 AC Geleen,
Email:                        The Netherlands
 ewakid@orascomci.co.uk 
Hassan Badrawi                OCI N.V. stock symbols: OCI / OCI.NA /
Director                      OCI.AS
Tel: +202 2461 1036/0727/0917

Fax: +202 2461 9409












                    This information is provided by RNS
          The company news service from the London Stock Exchange

END
 

Contacts: RNS Customer Services 0044-207797-4400 Email Contact http://www.rns.com

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