Further to the article published in the Belgian press on September 21st,
Dexia was contacted by representatives of Fortis who submitted a
proposal to examine jointly a project of bringing together the two
Having considered the situation, Dexia¿s management board has examined the opportunity to start discussions with Fortis.
members of the management board have unanimously found that it was
neither desirable nor advisable to proceed with such a study.
The Board of Directors of Dexia convened yesterday evening to look into
Fortis¿s proposal as well as Dexia¿s management board¿s position.
such bases, all the members of the Board of Directors have also
unanimously decided not to go ahead with this proposal of a joint study,
considering that this was not in the interest of Dexia, nor of its
shareholders, personnel and customers.
Fortis has been informed of this decision.