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05-01-2007

Stork strongly opposes request from Centaurus and Paulson at the Enterprise Chamber



Today Stork has received notice that Centaurus and Paulson have filed a request
with the Enterprise Chamber of the Court of Appeals in Amsterdam for a judicial investigation into the affairs of Stork (enquêteverzoek). Additionally, they have requested the Enterprise Chamber to take provisional measures to cancel the voting rights of the 30,233,170 cumulative preference shares B in Stork that were issued at the request of the Stork Foundation (Stichting Stork) on 19 December 2006.
 
The executive committee of the Stork Foundation has exercised its option on these cumulative preference shares B as it viewed that the situation that has arisen after Centaurus and Paulson have placed a vote of no-confidence in respect of the Supervisory Board on the agenda of the third EGM yields a serious threat to the development, independence and continuity of Stork N.V. and the companies linked to it.
 
Stork rejects this step from Centaurus and Paulson and will strongly oppose this request at the Enterprise Chamber as it is convinced that this is not in the best interest of the company, its employees, customers and other stakeholders.
 
 
Press information:
Stork N.V.
Dick Kors
Tel.: +31 (0)6 51 98 40 54


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