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19-06-2007
Stork announces interest from Private Equity group
This is a press release of Stork N.V. pursuant to the provisions of Section 9b, subsection 1 and subsection 2 (c) of the Dutch Securities Trade Supervision Decree 1995 (Besluit toezicht effectenverkeer, 1995). This is not a public announcement that a public offer is to be made. Not for release, distribution or publication, in whole or in part, in the United States of America, Australia, Japan or Canada.
Naarden, 19 June 2007
Stork announces interest from Private Equity group
Stork announces that the company is in discussions with Candover, a leading European private equity group, which may lead to an offer for all the outstanding shares of Stork. If such discussions do lead to an offer, it will be in the form of cash, at an indicative price of € 47 per share, subject to due diligence.
Candover has expressed a serious interest in the potential of Stork's underlying businesses and has indicated a commitment to continue the current strategy of growing the businesses through autonomous growth and acquisitions.
The discussions are taking place with the consent and support of the full Supervisory Board, including the three additional members who were appointed by the Enterprise Chamber in January 2007. Stork shareholders Centaurus and Paulson have been informed of this possible offer.
There can be no assurance that a formal offer will be made. Further announcements will be made when appropriate and in any case an update will be given no later than
August 1st, 2007.
Press information:
Stork N.V., Dick Kors, tel.: +31 (0)35 - 695 75 75
Disclaimer
This release does not constitute or form part of an offer to buy or subscribe for any securities by anyone in any jurisdiction. Nowhere outside the Netherlands any action is taken (nor will any action be taken) to make a public offer possible in any jurisdiction where such action would be required. This press release is also published in Dutch. This English version will prevail over the Dutch version.
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