OLO auction of 27/05/2008

Press release from the Belgian Debt Agency

The Belgian Debt Agency informs you that the OLO auction of Monday 26th May, 2008 has been rescheduled and will take place on Tuesday 27th May, 2008 between 11:45 and 12:00 CET.

Reasons for the rescheduling are both the challenging market circumstances and the UK and US Bank Holiday on Monday 26th May, 2008.

The following 3 OLO lines will be auctioned :

1.
Description : OLO 3.50% 28/03/2011
ISIN code : BE0000313222
OLO number : OLO 53
Outstanding : EUR 3,548,000,000.00

2.
Description : OLO 4.00% 28/03/2018
ISIN code : BE0000312216
OLO number : OLO 52
Outstanding : EUR 5,903,000,000.00

3.
Description : OLO 4.00% 28/03/2022
ISIN code : BE0000308172
OLO number : OLO 48
Outstanding : EUR 8,400,000,000.00

Payment date will be 30/05/2008. On Friday 23 May in the morning, the Belgian Debt Agency will announce the range of the amount to be auctioned.