KAISER VENTURES LLC

election_required = True...asis from all Unitholders who have validly tendered their Units and not withdrawn them as of the expiration date, except that we will first purchase all Units tendered by any record holder of less than 100 Units, who tenders all such Units and who checks the “Odd Lots” box in the Letter of Transmittal. See Section 1. When will Kaiser pay for the Units I tender? We will pay the purchase price, net to you in cash, without interest, for the Units we purchase promptly after the expiration of the Company Offer and the acceptance of the Units for payment. In the event of proration, we will make the proration calculation and pay for the Unit...

election_required = True...dered Units is required, Kaiser will determine the proration factor as soon as practicable following the expiration date. Kaiser will first purchase all Units tendered by any record holder of less than 100 Units, who tenders all such Units and who checks the “Odd Lots” box in the Letter of Transmittal. Proration for each other Unitholder tendering Units shall be based on the ratio of the number of Units properly tendered and not properly withdrawn by the Unitholder to the total 3 number of Units properly tendered and not properly withdrawn by all such Unitholders. Because of the difficulty in determining the number of Units properly t...

expiry = 2008-11-14...008 Offer to Purchase dated October 14, 2008 EXHIBIT (a)(1)(i) OFFER TO PURCHASE FOR CASH BY KAISER VENTURES LLC OF UP TO 700,000 CLASS A UNITS AT $.90 PER UNIT THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 3:00 P.M., PACIFIC TIME, ON NOVEMBER 14, 2008, UNLESS THE TENDER OFFER IS EXTENDED. Kaiser Ventures LLC, a Delaware limited liability company (“Kaiser”), is offering to purchase for cash up to 700,000 Class A Units at a purchase price of $.90 per Unit, without interest, and without an...

mechanism = FIXED...ER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 3:00 P.M., PACIFIC TIME, ON NOVEMBER 14, 2008, UNLESS THE TENDER OFFER IS EXTENDED. Kaiser Ventures LLC, a Delaware limited liability company (“Kaiser”), is offering to purchase for cash up to 700,000 Class A Units at a purchase price of $.90 per Unit, without interest, and without any deduction for transfer costs, in cash upon the terms and subject to the conditions set forth in this offer to purchase (this “Offer to Purchase”) and the related letter of transmittal (the “Letter of Transmittal,” together with this Offer to Purchase, as they may be amended and supplemented from time to...

mechanism = FIXED...fer at $.90 per Unit, without any deduction for transfer costs. SECTION 8. SOURCE AND AMOUNT OF FUNDS. Section 8 of the Offer to Purchase is hereby amended and restated in its entirety as follows: Assuming we purchase 700,000 Units in the Company Offer at the purchase price of $.90 per Unit, $630,000 will be required to purchase such Units. Kaiser currently holds cash or cash equivalents in the amount of the funds necessary to purchase Units tendered in the Company Offer. This Company Offer is not conditioned upon the receipt of financing. See Sections 6 and 8. INCORPORATION BY REFERENCE. The first paragraph under the “INCO...

txn_type = TENDER_OFFEREX-99.(A)(1)(I) 2 dex99a1i.htm OFFER TO PURCHASE DATED OCTOBER 14, 2008 Offer to Purchase dated October 14, 2008 EXHIBIT (a)(1)(i) OFFER TO PURCHASE FOR CASH BY KAISER VENTURES LLC OF UP TO 700,000 CLASS A UNITS AT $.90 PER UNIT THE TENDER OFFER AND WITHDRAWAL RIGHTS WILL EXPIRE AT 3:00 P.M., PACIFIC TIME, ON NOVEMBER 14, 2008, UNLESS THE TENDER OFFER IS EXTENDED. Kaiser Ventures LLC,...

txn_type = TENDER_OFFER...t to Rule 13e-3. ¨ amendment to Schedule 13D under Rule 13d-2. Check the following box if the filing is a final amendment reporting the results of the tender offer: ¨ SCHEDULE TO (AMENDMENT NO. 1) This Amendment No 1. to Schedule TO amends and supplements the Offer to Purchase by Kaiser Ventures LLC (“Kaiser”) of up to 700,000 Class A units (the “Units”) at $.90 per Unit (the “Offer to Purchase”), dated October 14, 2008, filed with the Securities and Exchange Commission (the “SEC”) on October 15, 2008. Except as amended and supplemented hereby, all terms of the Offer to Purchase, the Company Offer (as defined...

untradeable = True...Offer is being made at this time solely to accommodate any Unitholders who may have such a pressing need or desire to liquidate their Units, especially since limitations placed on us to obtain certain significant expected tax benefits means there is currently no public market for the Units. Unitholders could feel compelled to accept the MacKenzie Offer, even given the MacKenzie Offer’s low price and uncertainties. The Board believes that even our much higher Company Offer price does not represent fair value for your Units and accordingly recommends that you reject this Company Offer and the MacKenzie Offer. However, if the...