PRESS RELEASE
01/02/2005

Den Bosch Court of Appeal decisions concerning individual share leasing contracts

In three individual cases, the Court of appeal of Den Bosch has today rendered an interim judgment, for procedural reasons, concerning share leasing contracts.

In the decision, the Court renders its preliminary opinion that article 1.88 of the Civil Code is applicable, and therefore that consent of the spouse is required. In these three cases, the Court thus allows the spouse to be party to the litigation.

As stated in prior communication, Dexia group considers that the applicability of article 1.88 is a matter of pure law which ultimately will have to be decided upon by the Supreme Court of The Netherlands.