Press release

Bruxelles, le 19-03-2009

Madame, Monsieur,
chers épargnants,

Voulez-vous demander à Monsieur Manaeffe eyt ou Monsieurs Meyrs de demander en URGENCE AU FMI
une aide afin d'aboutir à récupérer notre épargne.

J'ai demandé à Monsieur BAROSO CEE le 17-03-2009 d'intervenir auprès du FMI pour que le FMI nous rembourse notre épargne bloquée depuis 5 mois et demi.

Merci pour faire passer le message.

De plus Mr D. Reynders pourrait directement demander au FMI de l'aide pour notre épargne.

Bien à Vous

Plusvite

Press release

http://www.kaupthing.lu/lisalib/getfile.aspx?itemid=20111

Date : 16 March 2009
Contacts : PricewaterhouseCoopers Luxembourg S.à r.l.
Mrs Emmanuelle Caruel-Henniaux
Me Franz Fayot, Attorney at law
kaupthing.administrators@kaupthing.lu
The Administrators and the Management of Kaupthing Bank Luxembourg S.A.
announced that the interbank creditors rejected the restructuring plan that they were
asked to vote on this Monday, March 16th, 2009.
Since October 9th
, 2008 the Bank has continued to operate, within the framework of the
administrative receivership status granted by the Tribunal d’arrondissement de Luxembourg,
sitting in commercial matters. The Board of Directors of Kaupthing Bank Luxembourg SA
had applied for this status, which also includes monitoring of the Bank’s management by
administrators. The Court appointed PricewaterhouseCoopers Luxembourg, represented by
Mrs Emmanuelle Caruel-Henniaux, partner, and Maître Franz Fayot, attorney at law, to act
as the Bank's administrators. This appointment is limited to a maximum term of 6 months
and ends at the latest on April 8th
, 2009.
A memorandum of understanding was entered into last December between the Luxembourg
government and a consortium of investors headed by a Libyan sovereign fund. Under the
memorandum of understanding, the activities of Kaupthing Bank Luxembourg S.A. would
be taken over by the consortium.
This memorandum was subject to several conditions, including the approval of the interbank
creditors. A vote took place this Monday, March 16th and the interbank creditors rejected the
restructuring offer. According to the terms of the judgement rendered by the Luxembourg
Court of Appeal on January 28th, 2009, the restructuring offer had to win (i) more than half
the votes of the restructured interbank creditors, representing together (ii) more than half the
liabilities represented by the restructured debt.
The restructuring offer was rejected by 17 of the 25 creditor banks. In terms of liabilities, the
restructuring offer was rejected by a majority of 53% of the total restructured debt.
Discussions are ongoing with the parties involved in this restructuring proposal and with the
relevant public authorities in order to consider other possible options and alternatives by
April 8th
, 2009, which is the deadline for restructuring the Bank. At present, all options
receive adequate consideration by the administrators, who will communicate the outcomes of
the discussions in due time.



Impossible de copier / coller l'autre document en français, désolée. Voir ici : http://www.kaupthing.lu/lisalib/getfile.aspx?itemid=20112