Numico to increase majority shareholding in Sari Husada

22/07/05 Royal Numico N.V. has announced that it will increase its majority shareholding in the Indonesian baby food company PT Sari Husada Tbk to 86.3%, effective 20 July. A block of shares equivalent to 5% will be acquired for the price of IDR 3,500 per share.

With this transaction Numico will increase its shareholding in the capital of Sari Husada, Indonesia’s leading baby food company, from 81.3% to 86.3%. The value of the transaction is EUR 28 million.

In future transactions Numico stands willing to guarantee the same price to current shareholders of Sari Husada.

http://www.numico.com/en/press/2005/Numico+increases+majority+shareholding+in+Sari+Husada+to+86.3+percent.htm