With reference to the public announcement and the offer document both dated 5 April 2004, ING Real Estate Asia Investment B.V. ('ING Real Estate') makes the following announcement in connection with the public offer of EUR 18.00 per share (cum dividend) by ING Real Estate (the “Offer”) for all issued and outstanding ordinary shares of Rodamco Asia N.V. ('Rodamco Asia') excluding any such shares held by Rodamco Asia for its own account (“Rodamco Asia Shares”).
The period during which the holders of Rodamco Asia Shares could tender their Rodamco Asia Shares ended on 29 April 2004. As at 29 April 2004, approximately 85% of the Rodamco Asia Shares have been tendered to ING Real Estate under the Offer.
At the latest on Thursday 6 May 2004, a public announcement will be made whether or not ING Real Estate will render the Offer unconditional.
Source: ING Real Estate
