May 15 (Reuters) - Newcrest Mining Ltd (NCM) : NEWCREST ENTERS...

May 15 (Reuters) - Newcrest Mining Ltd (NCM) :

• NEWCREST ENTERS INTO SCHEME IMPLEMENTATION DEED WITH NEWMONT
• NEWCREST AND NEWMONT HAVE REACHED AGREEMENT TO PROCEED WITH A PROPOSAL FOR NEWMONT TO ACQUIRE 100% OF ISSUED SHARES IN NEWCREST
• NEWCREST BOARD UNANIMOUSLY RECOMMENDS SHAREHOLDERS VOTE IN FAVOUR OF NEWMONT TRANSACTION
• NEWCREST ADDITIONALLY PERMITTED TO PAY A FRANKED SPECIAL PRE-COMPLETION DIVIDEND OF UP TO US$1.10 PER SHARE
• NEWCREST SHAREHOLDERS WILL BE ENTITLED TO RECEIVE 0.400 NEWMONT SHARES FOR EACH NEWCREST SHARE HELD
• EXPECTS TO HAVE SUFFICIENT FRANKING CREDITS AVAILABLE TO FRANK A DIVIDEND TO AN AMOUNT OF US$1.10 PER SHARE
• SCHEME CONSIDERATION WHEN AGGREGATED WITH FRANKED SPECIAL DIVIDEND, REPRESENTS AN IMPLIED NEWCREST SHARE PRICE OF A$29.27 PER SHARE
• NEWMONT HAS AGREED TO ESTABLISH FOREIGN EXEMPT LISTING ON ASX TO ALLOW NEWCREST SHAREHOLDERS TO TRADE NEWMONT SHARES