PRESS RELEASE
27/01/2005

Dexia named Renewables Arranger of the Year 2004 by the Infrastructure Journal

On 20 January 2005, Dexia was named "Renewables Arranger of the Year 2004" by the Infrastructure Journal at the magazine's annual dinner, a gathering of nearly 300 specialists in project financing.

The award recognizes all the operations carried out by Dexia over the year 2004 concerning renewable energies. In particular among these are the arrangements for financing several wind farms, including the Olivento project in Spain, the Andretta project in Italy and the Brazos project in Texas, United States.

This is the second year that Dexia, the "sustainable development bank", has been named "Renewables Arranger of the Year". It distinguishes the work of multinational teams specializing in energy based in Brussels, Madrid, New York, Paris, Rome and Sydney.

This exemplary distinction confirms Dexia's commitment to sustainable development. It backs up the overall approach of the bank, which in 2002 adopted the "bank for sustainable development" motto, and in 2003 signed the "Equator Principles", a set of environmental principles concerning intervention in the financing of projects based on the recommendations of the World Bank and the International Financial Society (IFS).

Dexia's commitment is shown in real terms through "Dexia TV", a magazine containing reports on sustainable development presented on its Internet site. One of those reports in particular is dedicated to wind energy.

 
For more detailed information, consult: http://www.dexia.com
and see Dexia TV: http://www.dexia.com/f/news/tv.php

Contacts:
Dexia Press Office: Babeth Mollat: + 33 1 43 92 77 05
Marie Pierrey: + 33 1 43 92 75 25