OLO 49 pricing

Press release from the Belgian Debt Agency

The 4% EURO 5 billion OLO 49 for the KINGDOM OF BELGIUM, rated Aa1/AA+, is now priced. Issue/Reoffer price is 99.177%, to give a spread of 6 bp over the Bund Jan 2017, equivalent to 2 bps over the OAT April 2017. Payment date January 23rd, 2007. Short first coupon on 28th March, 2007. Fees total 15 cts. Listing Brussels. Belgian law. No XD, no NP.FM2 (with prior consultation with the issuer) applies. Joint leads and books : ABN AMRO, Deutsche Bank, HSBC and KBC Bank. Co-lead group : Barclays, Calyon, Citigroup, Crédit Suisse, Dexia, Fortis, Goldman Sachs, ING, JP Morgan, Morgan Stanley, Socété Générale and UBS. Selling group : Dresdner Bank, IMI, Lehman Brothers, Nomura Interrnational and Nordea.