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Reduction of nominal value of the Stork shares

The AGM of 10 March 2006 approved the proposal by Stork to reduce the nominal value of the Stork shares from EUR 5.- to EUR 1.- and to repay the difference of EUR 4.- per share to the shareholders. This resolution was lodged on 13 March 2006 with the Trade Register of the Chamber of Commerce for Gooi and Eemland, and announced on 15 March 2006 in ‘de Telegraaf’, ‘NRC Handelsblad’ and the ‘Officiële Prijscourant’. Subject to no objections to this resolution being received within a period of two months following this announcement, the act of changing the articles of association can be passed, after which the payment of EUR 4.- per share can be made.

Subject to no objections being received, Stork intends to observe the following schedule:

· Listing ex-capital repayment 17 May 2006 (comparable to listing ex-dividend)
· Capital repayment payable on 22 May 2006 (not subject to withholding tax)