European Commission decision on KBC group strategic plan expected
today at noon

(Thomson Reuters ONE) - Regulated information* - 18 November 2009 (07.30 a.m. CET)Today, the European Commission is expected to decide on the strategicplan which KBC group submitted at the end of September.The plan is an analysis of KBC group's business and its futurestrategy, and served as a basis for the Commission to assess KBC'scapacity to redeem the government securities within a reasonabletimeframe. This is common practice for European financialinstitutions that have been bailed out in the past year.Pending the decision and the communication from the EuropeanCommission, KBC Group NV has requested to have its share suspended.The Commission is expected to communicate around noon. At the sametime, KBC will issue a press release, which will be published onwww.kbc.com, and provide the financial markets with more detailedinformation about the strategic plan. Trading will resume some timeafter the publication of the press release (+ 2.00 p.m.).A press conference (live webcast on www.kbc.com, or click here) willbe hosted by KBC Group CEO, Jan Vanhevel, and CFO, Luc Philips,starting at 12.15 p.m. CEST in KBC's headquarters at 2 Havenlaan,1080 Brussels.As of 2.15 p.m CEST., a CFO conference call (in English) has beenscheduled for analysts. Dial-in numbers are +32 (0)2 290 14 07 (B),+44 (0)20 7162 0077 (UK) or +1 334 323 6201 (US).Tomorrow, 19 November, an Investor Day has been organised in London,replacing the Investor Day previously scheduled on 4 December (moredetails on www.kbc.com).* This news item contains information that is subject to thetransparency regulations for listed companies.http://hugin.info/133947/R/1355538/329113.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

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Bereitgestellt von Benutzer: hugin
Datum: 18.11.2009 - 07:30 Uhr
Sprache: Deutsch
News-ID 8537
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