In short
12/10/2011

Statement Jean-Luc Dehaene

A Dexia SA spokesman announced that Jean-Luc Dehaene informed the Secretary of the board of directors in a (hand-delivered) letter dated 11 October 2011 that, for the year 2011, he was forfeiting his entitlement to any or all compensation due to him in his capacity as member and chairman of the board of directors of Dexia SA.

On that same date, he repaid Dexia SA the three quarterly instalments already received.

In 2008, Jean-Luc Dehaene had already turned down compensation for his directorship at Dexia Bank Belgium (DBB) and Dexia Crédit Local (DCL).

Even back in May 2011, when the accelerated restructuring plan was being launched, and with the consent of Pierre Mariani, chairman of the management committee of Dexia SA, Jean-Luc Dehaene stated quite categorically that no variable compensation would be awarded to Dexia SA management committee members for the year 2011.

Additionally, as announced at the press conference, Jean-Luc Dehaene will inform the prime minister in writing of his eventual resignation from his mandate.