TIDMBSRT

RNS Number : 3119O

Baker Steel Resources Trust Ltd

09 October 2012

BAKER STEEL RESOURCES TRUST LIMITED

(Incorporated in Guernsey with registered number 51576 under the provisions of The Companies (Guernsey) Law, 2008 as amended)

9 October 2012

Allotment of Ordinary Shares

Baker Steel Resources Trust Limited ("the Company") announces that the Directors have allotted (subject only to admission) a total of 1,923 Ordinary Shares of no par value in the capital of the Company in connection with holders of 1,923 Subscription Shares electing to subscribe for Ordinary Shares at a subscription price of 100 pence per Ordinary Share.

As a result of this allotment there are now 66,142,533 Ordinary Shares in issue.

Applications have been made for the Ordinary Shares allotted above to be admitted to the Official List of the UK Listing Authority, and for admission to trading on the main market of the London Stock Exchange. In the absence of any unforeseen circumstances dealings are expected to commence in the newly allotted Ordinary Shares on 10 October 2012.

Enquiries:

   Baker Steel Resources Trust Limited                 +44 20 7389 8237

Francis Johnstone

Trevor Steel

   HSBC Securities Services (Guernsey) Limited   +44 1481 707000

Lucy Gilchrist

Sue Saunders

The Company's ticker is BSRT and its website address is www.bakersteelresourcestrust.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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