Fortis -- Announcement on NIB Capital


BRUSSELS, Belgium, July 7, 2005 (PRIMEZONE) -- In response to ongoing market rumours and publications in the media, Fortis states that it is no longer a potential buyer of the Dutch bank NIB Capital (NIBC).

Fortis is an integrated financial services provider active in the fields of banking and insurance. With a market capitalization of EUR 29.8 billion (30/06/2005) and around 51,000 employees, Fortis ranks in the top 20 of European financial institutions. In its home market, the Benelux countries, Fortis occupies a leading position which it aims to develop and bolster. Fortis is drawing on the expertise it has acquired in its home market to realize its European ambitions via growth platforms. Fortis also operates successfully worldwide in selected activities. In specific countries in Europe and Asia, it effectively exploits its know-how and experience in bancassurance. Fortis is listed on the exchanges of Amsterdam, Brussels and Luxembourg and has a sponsored ADR programme in the United States. More information is available on www.fortis.com

http://hugin.info/134212/R/1001632/153480.pdf



            

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