Dec 18 (Reuters) - Centamin Plc CEY.L :
* UPDATE ON POSSIBLE OFFER BY ENDEAVOUR MINING
* BOARD OF CENTAMIN BELIEVES THAT ENDEAVOUR SHOULD, WITHOUT FURTHER DELAY, ENTER INTO SUBSTANTIVE RECIPROCAL DUE DILIGENCE
* COMPANY WILL DETERMINE WHETHER TO SEEK AN EXTENSION OF PUSU DEADLINE FOLLOWING ITS REVIEW OF ANY INFORMATION FORTHCOMING FROM ENDEAVOUR
* SINCE IT WAS APPROACHED BY ENDEAVOUR, CO MADE CLEAR THAT IT IS WILLING TO FACILITATE A RECIPROCAL EXCHANGE OF DUE DILIGENCE INFORMATION
* TO ALLOW EXCHANGE OF INFORMATION TO TAKE PLACE, CENTAMIN PROPOSED THAT A NON-DISCLOSURE AGREEMENT BE EXECUTED.
* ENDEAVOUR NOW INDICATED THAT IT WILL NOT PROVIDE INFORMATION THAT CO REQUESTED UNLESS AND UNTIL CO AGREES TO EXTENSION OF PUSU DEADLINE
* WITHOUT ENDEAVOUR PROVIDING INFORMATION THAT IS CORE TO ASSESSMENT OF VALUE, CENTAMIN CANNOT PROPERLY ASSESS PROPOSED COMBINATION
* CENTAMIN SAYS "IS DISAPPOINTED THAT DESPITE ITS EFFORTS AT CONSTRUCTIVE ENGAGEMENT, ENDEAVOUR HAS REPEATEDLY REFUSED TO ENGAGE IN A PROPER MANNER"
* CONTINUES TO ADVISE SHAREHOLDERS TO TAKE NO ACTION IN RESPECT OF ENDEAVOUR'S PROPOSAL.