Sorted,
Luxembourg, 20 December 2005
Today, M. Karl Wüthrich, Co-liquidator of SAirLines and the Luxembourgish shareholders of Cargolux, under the coordination of M. Marc Hoffmann, Chairman of the Board of Luxair, have jointly announced their agreement on a transaction providing for the acquisition of the 33.7 % of Cargolux shares currently held by SAirLines. The transaction will be executed by Luxair on behalf of all the Luxembourgish shareholders (the current shareholders are : Luxair, 34.9 % - BGL Investment Partners, 11.5 % - BCEE, 8.8 % - SNCI, 8.6 % - Lux-AVANTAGE, 2.2 %).
Happy holidays everyone.