AR77 First Adb 28

    RNS Number : 0502I
  Schiphol Nederland B.V.
  12 November 2008
   
    Schiphol, 12 November 2008


    
Schiphol Group, that operates the 5th largest European airport by passenger numbers, announced today that it has successfully placed a
benchmark Eurobond offering of EUR700 million under its existing Euro Medium Term Note (EMTN) programme. The bonds that will be issued by
Schiphol Nederland B.V. have been priced at an issue price of 99.618 per cent and will carry a coupon of 6.625 per cent. Settlement date has
been set at 19 November, 2008. The bonds were placed with a broad range of institutional investors across Europe, with strong demand from
the Netherlands and France.

    The bonds will mature on January 23, 2015. The proceeds of this bond issue will be used by Schiphol Group to finance on a long-term
basis its regular financing needs, the recently paid super dividend and its intended participation in A?ports de Paris. Consequently, a
substantial part of its currently outstanding short-term borrowings that it recently issued under its Euro-Commercial Paper (ECP) programme
will be refinanced on a long-term basis.

    ING Wholesale Banking, J.P. Morgan and RBS acted as joint lead managers for this issue. The bonds will be listed on Euronext Amsterdam.


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