News: NCM Newcrest Announces Revised Non-Binding Indicative Proposal From Newmont

April 11 (Reuters) - Newcrest Mining Ltd (NCM) :

• REVISED NON-BINDING INDICATIVE PROPOSAL FROM NEWMONT
• NEWCREST TO PAY A FRANKED SPECIAL DIVIDEND OF UP TO US$1.10 PER SHARE
• RECEIVED A REVISED CONDITIONAL AND NON-BINDING PROPOSAL (REVISED PROPOSAL) FROM NEWMONT CORPORATION
• HAS AGREED TO GRANT NEWMONT OPPORTUNITY TO CONDUCT CONFIRMATORY DUE DILIGENCE TO PUT FORWARD A BINDING PROPOSAL
• UNDER REVISED PROPOSAL, NEWCREST SHAREHOLDERS WOULD BE ENTITLED TO RECEIVE 0.400 NEWMONT SHARES FOR EACH NEWCREST SHARE HELD
• IN AGGREGATE, REVISED PROPOSAL REPRESENTS AN IMPLIED VALUE OF A$32.87 PER SHARE TO NEWCREST SHAREHOLDERS
• UNDER REVISED PROPOSAL, NEWCREST SHAREHOLDERS WOULD BE ENTITLED TO RECEIVE 0.400 NEWMONT SHARES FOR EACH NEWCREST SHARE HELD
• REVISED PROPOSAL REPRESENTS IMPLIED EQUITY VALUE OF A$29.4 BILLION AND ENTERPRISE VALUE OF A$32.0 BILLION FOR NEWCREST
• SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION AT THIS STAGE