OLO 49

Press release from the Belgian Debt Agency

The EURO 5 billion OLO 49 benchmark issue, maturing 28th March, 2017 is now launched for the KINGDOM OF BELGIUM, rated Aa1/AA+. ISIN BE0000309188. The bond will be priced today. Joint leads and books are ABN AMRO, Deutsche Bank, HSBC and KBC Bank. 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 January 23rd, 2007. Short first coupon. Fees total 15 cts. Listing Brussels. Belgian law. No XD, no NP. FM2 (with prior consultation with the issuer) applies.