BAKER STEEL RESOURCES TRUST LIMITED
(Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended)
15 June 2011
As referred to in an announcement by the Company on 16 May 2011, the Company has been considering the possibility of an issue of equity. This review was prompted by the desirability for further portfolio diversification in light of the expected IPO by Ivanplats, the Company's largest holding. A further announcement will be made as and when details of this IPO are made available.
Enquiries:
Baker Steel Resources Trust Limited +44 20 7389 8237
Francis Johnstone
Trevor Steel
Winterflood Investment Trusts +44 20 3100 0291/0250
Robert Peel
James Moseley
RBC Capital Markets +44 20 7653 4000
Martin Eales
Pelham Bell Pottinger
Lorna Spears +44 20 7861 3883
Damian Beeley +44 20 7861 3139
Charles Vivian +44 20 7861 3126