VNU calls meetings of noteholders in connection with bond tender launched by Valcon Acquisition B.V.

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Overig advies 26/05/2006 08:33
VNU CALLS MEETINGS OF NOTEHOLDERS IN CONNECTION WITH BOND TENDER LAUNCHED BY VALCON ACQUISITION B.V.
Haarlem, the Netherlands – VNU N.V. (ASE: VNU, "VNU"), a leading global information and media company, today announced that, in connection with the invitation to offer to sell certain notes issued by VNU (as set out below) and the offer to purchase certain notes issued by VNU's subsidiary Nielsen Media Research, Inc. (7.60% Notes due 2009, CUSIP No. 653929AA7) that were launched by Valcon Acquisition B.V. ("Valcon") today, VNU has, at the request of Valcon, called meetings of noteholders in respect of the following notes issued by VNU or, in the case of the NLG 600,000,000 5.50% Bonds due June 16, 2008, N.V. Verenigd Bezit VNU (which changed its name to VNU N.V.), to pass resolutions which will be proposed as extraordinary resolutions:

· For the EUR 150,000,000 Extendable Floating Rate Notes due September 28, 2006 (of which EUR 148,200,000 in aggregate principal amount is outstanding), ISIN: XS0145642681, a meeting will be held at the offices of Clifford Chance LLP, 10 Upper Bank Street, London E14 5JJ, United Kingdom, on June 19, 2006 at 10:00 a.m. (BST), 11:00 a.m. (CET);

· For the EUR 500,000,000 6.625% Bonds due May 30, 2007 (of which the entire issue remains outstanding), ISIN: XS0111874128, a meeting will be held at the offices of Clifford Chance LLP, Amsterdam, Droogbak 1A, 1013 GE, Amsterdam, the Netherlands, on June 20, 2006 at 10:00 a.m. (BST), 11:00 a.m. (CET);

· For the NLG 600,000,000 5.50% Bonds due June 16, 2008 (of which the entire issue remains outstanding), ISIN: NL0000121945, Fondscode: 12194, a meeting will be held at the offices of Clifford Chance LLP, Amsterdam, Droogbak 1A, 1013 GE, Amsterdam, the Netherlands, on June 20, 2006 at 10:15 a.m. (BST), 11:15 a.m. (CET);

· For the EUR 600,000,000 6.75% Notes due October 29, 2008 (of which EUR 48,923,000 in aggregate principal amount is outstanding), ISIN: XS0137852793, a meeting will be held at the offices of Clifford Chance LLP, 10 Upper Bank Street, London E14 5JJ, United Kingdom, on June 19, 2006 at 10:15 a.m. (BST), 11:15 a.m. (CET).

At the meetings, noteholders will, among other matters, be requested to approve, subject to certain conditions, the introduction of a right exercisable by VNU to redeem some or all notes at 100% of their nominal amount outstanding plus accrued and unpaid interest. Any resolution that is adopted at a meeting of noteholders will also be binding on noteholders who did not appear or were not represented at the meeting, or who voted against the proposed resolutions, or who abstained from voting thereon, and on holders of coupons. Further information on the proposed resolutions may be found in the relevant notices of meeting given today.




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