KAS BANK N.V. has entered into discussions on an exclusive basis with Delta Lloyd Deutschland AG to take over fund administration activities in Germany

Press release 5 June 2008

KAS BANK N.V. is presently in an advanced stage of discussion on an exclusive basis with Delta Lloyd Deutschland AG, with regard to the possible take over of fund administration activities of Delta Lloyd in Germany.

Taking over fund administration activities in Germany matches perfectly KAS BANK’s dedication to build a strong position as an independent specialist in wholesale securities services in Germany, one of the most important institutional markets of Europe.

If the outcome of these discussions gives immediate cause, KAS BANK N.V. will provide additional information thereupon by means of a press release.