New OLO 5 year (2)

New syndicated 5 year benchmark (OLO 45)

The KINGDOM OF BELGIUM intends to issue a new syndicated 5 year benchmark (OLO 45) next week. The new OLO will have a maturity of 28 March, 2010 and will have an initial size of EUR 5bn. The Kingdom has mandated BNP Paribas, Dexia and Nomura as joint bookrunners. All primary and recognised dealers in Belgian government securities will be invited to join the syndicate. The OLO auction scheduled for January 31st 2005 is cancelled. IPMA/FSA Stabilisation.