Conversion price for the 2005 Mandatory Convertible Notes

The 8% Mandatory Convertible Notes (MCNs) issued in 2005 will convert into ordinary KIP Units (Units) on 30 June 2010.

In accordance with the terms contained in the Investment Statement and Prospectus dated 31 May 2005 (Offer Document), we can confirm that the conversion price1 is $0.8760.  

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Conversion price for the 2005 Mandatory Convertible Notes [28kB]