Investors and Media

Exercise of over-allotment option

27th May 2008

Issuer name : Depa Limited
Headline : Exercise of over-allotment option 


NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, OR INTO OR FROM THE DUBAI INTERNATIONAL FINANCIAL CENTRE

Depa Limited ("Depa") today announced that, following its receipt of notice from Morgan Stanley and Co International plc of exercise of the over-allotment option with respect to 3,487,341 shares as described in the prospectus dated 18 April 2008 (the “Prospectus”), Depa has today issued and allotted 3,487,341 shares to Al Mal Defined Opportunity Fund I. The net proceeds arising from the exercise of the over-allotment option will be payable to Depa and will be used for such purposes as described in the Prospectus. 

As a result of such allotment, the number of shares in the capital of Depa now in issue has increased by 3,487,341 shares to 626,751,216 shares.

This announcement and the information contained herein is not for publication, distribution or release in, or into, directly or indirectly, the United States, Canada, Australia, Japan, the Dubai International Financial Centre or to US persons (as such term is defined in Regulation S under the US Securities Act of 1933, as amended (the "Securities Act")). The information contained herein does not constitute an offer of securities for sale or solicitation of an offer to purchase securities in any jurisdiction, including in the United States, Australia, Canada, Japan or the Dubai International Financial Centre.