OLO 50

Press release from the Belgian Debt Agency

The KINGDOM OF BELGIUM intends to issue a new syndicated 5 year benchmark bond (OLO 50) this week. The new OLO will have a maturity of 28th March, 2013. The Kingdom has mandated Barclays Captal, Dexia Capital Markets, JP Morgan and SGCIB as joint bookrunners. All primary and recognised dealers in Belgian government securities will be invited to join the syndicate. The OLO auction scheduled for 21st May, 2007 is cancelled.