OLO FRN - Pricing Announcement

Press release from the Belgian Debt Agency

The 3 bn OLO FRN benchmark issue for the KINGDOM OF BELGIUM, rated Aa1/AA+, is now launched and priced. Due 22nd of June 2011, the deal pays a coupon of 3 month Euribor minus 15bp and has an issue/reoffer price of 99,925%. Lead managers are Barclays Capital and Deutsche Bank. No further group. Fees undisclosed. Payment date 22nd of June, 2007. Listing Brussels. US (Reg S, Cat 1) / UK limits, Belgian Law. FM (2) with prior consultation applies, no XD, no NP.