New Shareholder Values LeasePlan's Strong Financial Position

Friedrich von Metzler to become 50% shareholder of LeasePlan

LeasePlan has announced that Fleet Investments B.V., an investment company of the German banker Friedrich von Metzler, will become a 50% shareholder of LeasePlan. This transaction follows the decision at the end of 2008 of both Mubadala Development Company and the Olayan Group to divest their 25% stakes in LeasePlan. Subject to approval of the relevant anti-trust and supervisory authorities, the transaction is expected to close in the Northern Hemisphere autumn of 2009. Volkswagen Group, which continues its 50% interest in LeasePlan, has reconfirmed the high strategic importance of multi-brand fleet management for their Group.

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