Feb 1 (Reuters) - Stellar Diamonds Plc STELD.L :
* POSSIBLE OFFER FOR THE COMPANY AND PROPOSED LOAN
* ANNOUNCES THAT IT IS IN ADVANCED NEGOTIATIONS REGARDING A POSSIBLE SHARE OFFER FOR COMPANY BY NEWFIELD RESOURCES LIMITED
* UNDER POSSIBLE OFFER, STELLAR SHAREHOLDERS AND HOLDERS OF RIGHTS OVER STELLAR SHARES WOULD RECEIVE IN AGGREGATE 95.5 MILLION SHARES IN NWF
* STELLAR SHAREHOLDERS WOULD RECEIVE APPROXIMATELY 0.76 OF A NWF SHARE FOR EACH STELLAR SHARE HELD (POSSIBLE OFFER RATIO)
* BASED ON CLOSING SHARE PRICE OF $29 CENTS, TERMS OF POSSIBLE OFFER IMPLY AN OFFER VALUE OF 12.7 PENCE PER STELLAR SHARE