Press release from PR Newswire
DST Systems, Inc. Announces Series A Put Right
Thursday, July 15, 2010
DST Systems, Inc. Announces Series A Put Right17:05 EDT Thursday, July 15, 2010KANSAS CITY, Mo., July 15 /PRNewswire-FirstCall/ -- DST Systems, Inc. (NYSE: DST) (the "Company") announces that on August 15, 2010 (the "Put Date"), holders of its 4.125% Series A convertible senior debentures due 2023 ("Series A Debentures") may require the Company to purchase the Series A Debentures for cash at par value ("Series A Put"). �The form of holder notice ("Purchase Notice") for, and the terms and conditions of, the Series A Put are contained in the Notice of Put Right available from the trustee: The Bank of New York Mellon, telephone number 1-800-254-2826. Any holder of the Series A Debentures that wishes to exercise its Series A Put right must deliver an executed Purchase Notice to our trustee by the close of business on August 13, 2010. �This announcement of a put right does not constitute an offer to purchase or a solicitation of an offer to sell securities. The Company has described the terms and conditions of the Series A Debentures in its Annual Report on Form 10-K for the year ended December 31, 2009. �SOURCE DST Systems, Inc.For further information: Thomas A. McDonnell, Chief Executive Officer, +1-816-435-8684, or Kenneth V. Hager, Vice President and Chief Financial Officer, +1-816-435-8603, both of DST Systems, Inc.