Vedior has mandated BNP Paribas and ING Bank N.V. to arrange a €750 million multicurrency revolving credit facility (the “Facility”) split into a €600 million tranche with a 5 year maturity and a €150 million tranche with a 3 year maturity. The Facility will be used for general corporate purposes and for the refinancing of Vedior’s existing debt, including the existing credit facilities dated 9 August 2000.

The Facility has been jointly underwritten by BNP Paribas and ING Bank N.V. who will invite a group of international banks to participate in the Facility.

Further information on the terms of the Facility will be announced upon conclusion of the agreement which is anticipated before the end of November 2004.


For further information, please contact:
Frits Vervoort, CFO +31 (0)20 573 5636