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Amsterdam, 1 October 2009

NWR announces the pricing and results of invitation for tenders of its 7.375% Senior Notes due 2015

New World Resources N.V. ('NWR' or 'the Company') announces the results of an invitation for tenders of its 7.375% Senior Notes due 2015 (the 'Notes'). This announcement is made further to the invitation to holders to tender their Notes in a modified Dutch auction (the 'Invitation') contained in the Invitation for Offers dated 22 September 2009. The Notes are listed on the Global Exchange Market of the Irish Stock Exchange.

The Invitation expired at 16:00, London time, 30 September 2009.

NWR has, pursuant to the Invitation, accepted for purchase EUR 32,435,000 in aggregate principal amount of Notes. The Notes accepted for purchase in the Invitation will be purchased at a purchase price of EUR 930 for each EUR 1,000 in principal amount of Notes (the 'Purchase Price').

Any and all Notes that are validly tendered and accepted for purchase by the Company will be irrevocably and unconditionally cancelled in connection with delivery of and payment for the Notes on the Settlement Date, which will reduce the outstanding principal amount of the Notes to EUR 267,565,000.

Description of the Notes	Outstanding Principal Amount	ISIN/Common Code	Purchase Price	Outstanding Principal Amount of Notes following completion of the Invitation
7.375% Senior Notes due 2015	EUR 300,000,000	XS0300667408/ XS0300667820	EUR 930 per EUR 1,000 in principal amount of the Notes	EUR 267,565,000

In addition to the Purchase Price, NWR will pay accrued and unpaid interest on tendered Notes accepted for payment, from and including the most recent interest payment date up to, but not including, the date of payment of the Purchase Price (the 'Accrued Interest'), which is expected to be 5 October 2009 (the 'Settlement Date'). 

The total Purchase Price for the Notes tendered pursuant to the Invitation is EUR 30,164,550 corresponding to the principal amount of Notes being repurchased at the Purchase Price, excluding the Accrued Interest.

Citigroup Global Markets Limited and J.P. Morgan Securities Ltd. (the 'Dealer Managers') acted as dealer managers in connection with the Invitation. Citibank, N.A., London Branch (the 'Tender Agent') acted as tender agent in connection with the Invitation.

Neither of the Dealer Managers takes responsibility for the contents of this announcement and none of NWR, the Dealer Managers, the Tender Agent, the Trustee or any of their respective directors, employees or affiliates has made any representation or recommendation whatsoever regarding the Invitation. 

This announcement appears as a matter of record. This announcement does not constitute an offer to purchase any securities, an invitation or a solicitation of an offer to sell any securities. The Invitation was not made, and the Invitation and related documents were not distributed to, any U.S. person or Italian person, any person resident and/or located in the United States or Italy, nor to any person in any jurisdiction in which it would be prohibited to make such Invitation or disseminate such documents. 

For further information please contact:

The Dealer Managers

Citigroup Global Markets Limited

Attention: Liability Management Group

By telephone: +44 (0) 20 7986 8969

Email: liabilitymanagement.europe@citi.com

J.P. Morgan Securities Ltd.

By telephone: +44 (0) 20 7777 1164

Fax (Attention: Chris Munro / Jan Viton): +44 (0) 20 7777 3840

Email: chris.munro@jpmorgan.com / jan.viton@jpmorgan.com

The Tender Agent

Citibank, N.A., London Branch

By telephone: +44 (0) 20 7508 3867

Email: exchange.gats@citi.com

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