PRESS RELEASE
09/10/2009

Dexia Funding Luxembourg Tier 1

Considering the communication of the European Commission dated October 8, 2009 ("State Aid:Commission recalls rules concerning Tier 1 and Tier 2 capital transactions for banks subject to a restructuring aid investigation"), notice has been given per October 9, 2009 by Dexia Funding Luxembourg S.A. ("the Issuer") that according to Condition 6.1 par. 2 of the Prospectus dated October 31, 2006 of the EUR 500,000,000 Fixed Rate / Floating Rate Perpetual Non-cumulative Guaranteed Securities(XS0273230572) having the benefit of a subordinated guarantee of Dexia SA(the "Securities"), the Issuer will waive the interest payment in relation to the interest payment date of November 2, 2009. The interest payment is discretionary according to the terms and conditions of the Securities.

 

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