Getronics is able to announce that the Stichting Administratiekantoor van Cum Prefs in Getronics N.V., holder of 21,950,000 Cumulative Financing Shares A, B and C, representing approximately 77% of the total voting rights registered to vote at the Extra-Ordinary General Meeting of Shareholders scheduled to take place on 27 March 2003, have confirmed to the Company that they support the alternative scenario, as outlined in the press release of 21 March 2003. Accordingly, the “Stichting” have confirmed to the Company that the votes attached to the shares held will be cast against the resolutions relating to the Revised Invitation To Tender and in favour of the appointment of the new members of the Board of Management, as proposed at the Extra-Ordinary General Meeting of Shareholders scheduled to take place on 27 March 2003.
Revised Invitation To Tender
Management and the Supervisory Board clearly prefer the alternative route consisting of the steps outlined in the press release of 21 March 2003, to the Revised Invitation To Tender, taking into account the overall interest of the Company and its stakeholders. Accordingly, management and the Supervisory Board would prefer to terminate the Revised Invitation To Tender. However, management and the Supervisory Board have decided not to terminate the Revised Invitation To Tender (unless there are unforeseen or exceptional circumstances and provided that an acceptable level of Exchange Offers are tendered), in order to allow the shareholders to take the proposed alternative scenario into account at the Extra-Ordinary General meeting of Shareholders scheduled to take place on 27 March 2003.
ABN AMRO Corporate Finance is acting as financial adviser to Getronics.
About Getronics
With approximately 25,000 employees in over 30 countries, Getronics is one of the world’s leading providers of vendor independent solutions and services to professional users of Information and Communication Technology (ICT). Through consulting, integrating, implementing and managing Infrastructure Solutions and Business Solutions, Getronics helps many of the world’s largest global and local organisations to maximise the value of their technology investment and improve interaction with their customers. Getronics’ headquarters is in Amsterdam, with regional head offices in Boston and Singapore. Getronics’ shares are traded on Euronext Amsterdam (‘GTN’). For further information about Getronics, visit www.getronics.com
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