Adjustment of Conversion Price Convertible Bonds 2010
Schiphol, 4 May 2007 - Royal Numico N.V. ("Numico") announces that
the conversion price of the 3.0% subordinated convertible bonds due
2010 and issued by Numico in July 2003 (the "Convertible Bonds") has
been adjusted in accordance with the terms and conditions of the
Convertible Bonds.
The conversion price of the Convertible Bonds has been adjusted from
¤ 21.4123 to ¤ 21.3049. The adjusted conversion price has been
calculated following the approval of a dividend of ¤ 0.20 per nominal
share of ¤ 0.25 by Numico's Annual General Meeting of Shareholders
held on 25 April 2007.
The conversion price has been adjusted by the Calculation Agent
pursuant to conditions 4.4 (ii) and 4.4 (b) formula 2 of the terms
and conditions of the Convertible Bonds and rounded on the basis as
set out in condition 4.4 (f) of the terms and conditions of the
Convertible Bonds.
The adjusted conversion price is effective as of 27 April 2007, the
ex-dividend date.
Royal Numico is a high-growth, high-margin specialised nutrition
company with leading positions in Baby Food and Clinical Nutrition
and brings products to the market under the brand names Nutricia,
Milupa, Cow & Gate, Mellin and Dumex, among others. The company
serves customers in over 100 countries and employs approx. 13,000
people (see also: www.numico.com).
For any questions you might have, please contact:
Royal Numico N.V.
Corporate
Communications
tel. +31 20 456 9077
Royal Numico N.V.
Investor
Relations
tel. +31 20 456 9003
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