KPN Mobile, in its position as 15% shareholder of Hutchison 3G UK, today has received a request for GBP 150 million of shareholder funding from Hutchison 3G UK Holdings Ltd in the form of a shareholders loan. The request relates to KPN Mobile's commitment to provide additional funding, in certain specified circumstances to a maximum of GPB 150 million, as previously disclosed in annual reports and other relevant filings.
We are carefully studying the request and are taking advice on whether this is a valid funding call. KPN Mobile will announce its response to the notice by the middle of April.