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Version USA
LAN AIRLINES ANNOUNCES PRICING OF GLOBAL OFFERING
Santiago, May 18, 2007
Santiago, Chile, May 18, 2007 - LAN Airlines S.A. and its related companies, ("LAN" or "the Company") (NYSE: LFL / IPSA: LAN), one of the leading airline groups in Latin America, announced that on May 17, 2007, the offering price for 11,243,865 shares was fixed at 8,401 Chilean pesos per share or US$80.56 per American Depositary Receipt (ADR). Each ADR represents five shares.
THIS PRESS RELEASE IS NOT AN OFFER FOR SALE OF THE SECURITIES IN THE UNITED STATES, AND THE SECURITIES MAY NOT BE SOLD IN THE UNITED STATES ABSENT REGISTRATION OR AN EXEMPTION FROM REGISTRATION UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED. ANY PUBLIC OFFERING OF THE SECURITIES IN THE UNITED STATES WILL BE MADE BY MEANS OF A PROSPECTUS CONTAINING DETAILED INFORMATION REGARDING LAN AIRLINES S.A. (THE "COMPANY") AND THE COMPANY'S MANAGEMENT, INCLUDING FINANCIAL STATEMENTS. SUCH PROSPECTUS WILL BE MADE AVAILABLE THROUGH THE COMPANY. THE COMPANY INTENDS TO REGISTER A PORTION OF THE OFFERING IN THE UNITED STATES.
