This morning Hutchison 3G UK Limited announced in a press release its agreement with lenders to extend and amend their existing finance facilities. It should be noted that a condition precedent for this facility extension is the availability of a £ 1 billion long-term shareholders loan.
KPN Mobile would like to stress that it is still carefully studying the request for the shareholders loan, as was stated in a press release March 7. KPN Mobile is taking advice on whether this is a valid funding call under the shareholders agreement and will announce its response to the notice by the middle of April.