Kaiser Ventures Inc. extends consent return date to Feb. 7

Kaiser Ventures Inc. announced today the extension of the deadline by which its shareholders are requested to provide consent to an $87.5 million water company sale.

ONTARIO, Calif., Jan. 26, 2001 (PRNewswire) — Kaiser Ventures Inc. (Nasdaq: KRSC) announced today the extension of the deadline by which its shareholders are requested to provide their written consent to the sale of the Company's Fontana Union Water Company shares to Cucamonga County Water District for $87.5 million.

The deadline for returning written consents is now midnight (California time) Wednesday, February 7, 2001.

The original deadline to return written consents was midnight January 26, 2001, but because Kaiser has learned that a number of shareholders just recently received their consent solicitation materials, the deadline has been extended to midnight, February 7, 2001. Kaiser requests that shareholders immediately return their written consents.

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