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Imtech Contracting GmbH Bischofstraße 3 49497 Mettingen, Germany http://www.imtech.de
Contact Mr Jeroen Leenaers +31 182 543 504
Company logo of Imtech Contracting GmbH
Imtech Contracting GmbH

Coverage ratio of Pension Fund Imtech 96.40% instead of required 96.75%

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Imtech N.V. (technical services in Europe) announces, also on behalf of the Pension Fund Imtech ('Pensioenfonds Imtech'), that Pension Fund Imtech belongs to the group of pension funds informed by the Dutch Central Bank (DNB, 'De Nederlandsche Bank') that, pursuant to the letter of Minister Donner, the implementation of a potential reduction in pension entitlements must be accelerated. According to the recovery plan submitted to DNB, which specifies a target coverage ratio of 105% at the end of 2013, the coverage ratio of Pension Fund Imtech should have been 96.75% as of 30 June 2010. At the aforesaid date, however,
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