OLO 48 Official launch

Press release from the Belgian Debt Agency

The EURO 4 billion OLO48 benchmark issue, maturing 28th March, 2022, is now launched for the KINGDOM OF BELGIUM, rated Aa1/AA+. ISIN BE0000308172. The bond will be priced tomorrow. Joint leads and books are Calyon, Citigroup, Fortis and Goldman Sachs. A Co-Lead group consisting of primary dealers in Belgian Government securities and a selling group consisting of recognized dealers in Belgian Government securities are being formed. Payment date May 24th 2006. Short first coupon. Fees total 17,5 cts. Listing Brussels. Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies. ICMA/FSA Stabilisation.