Closing of Reverse Stock Split and Listing of the Envipco Holding Shares

Admission to trading of ordinary shares

On 6 October 2011 (the Closing Date) the ordinary Envipco shares were admitted to trading on the regulated market of Euronext Brussels under the new ISIN code NL0009901610 and the new trading symbol ENVI.

Reversed stock split; fractions of shares/depositary receipts

If at the close of trading on 5 October 2011 the number of depositary receipts held by an investor was above or below 50 or a multiple of 50, such investor will receive the counter value in cash of the share fraction it would otherwise have been entitled to receive. Such counter value shall be calculated based on the volume weighted average price of the depositary receipts during the fifteen trading days preceding the Closing Date. No payment in cash shall be made if such counter value payable to an investor is less than EUR 0.50.

Cancellation and exchange of depositary receipts

Investors holding depositary receipts through a securities account with a bank or stockbroker need not take any action; they will receive information regarding the delisting and exchange of the depositary receipts from their bank or stockbroker.

Holders of depositary receipts in bearer form, who are physically in possession of those depositary receipts, should surrender these to ING (address: Physical Coupons – 3 , 60 Cours Saint Michel 1040 Brussels) in order to obtain new ordinary shares, either in registered form or in book-entry form. Such depositary receipt holders will receive a form from ING on which they can indicate whether they wish to obtain registered shares or shares in book-entry form.

As from 6 October 2011, depositary receipt holders who have not yet exchanged their depositary receipts for ordinary shares will have a period of one year in which to do so in the manner described above. After this period has ended, the administration by the Foundation of the shares underlying the depositary receipts will terminate and the Foundation will be entitled, after consulting with Euronext Brussels, either to cause shares that are still under its administration to be transferred to a third party at the risk and expense of the holders of any depositary receipts still outstanding, or to sell such shares and deposit the proceeds of the sale with the Deposit and Consignment Office for the benefit of the holders of any depositary receipts still outstanding.

VVPR Strips

The VVPR strips that were issued simultaneously with the depositary receipts in 1998 have been admitted

to trading on the regulated market of Euronext Brussels under the new ISIN code BE0005645198,

simultaneously with the admission to trading of the ordinary shares Envipco. The VVPR Strips have also

been made subject to a reversed split of 50 VVPR Strips into 1 VVPR Strip. For further information

regarding the reversed split of the VVPR Strips and the actions to be undertaken by holders of VVPR Strips

in bearer form, you should consult the listing prospectus of Envipco dated 21 September 2011 (available on

www.envipco.com and www.ing.be). If a holder of VVPR Strips held more or less than (a multiple of) 50

VVPR Strips by close of trading on 5 October 2011, the number of VVPR Strips such holder is entitled to

receive following the reversed split shall be rounded downwards.

Listing prospectus and additional information

For additional information regarding the admission to trading of the ordinary shares, the reversed stock split

and the exchange and delisting of the depositary receipts, investors in most jurisdictions can consult the

prospectus of Envipco, dated 21 September 2011. The prospectus is available to investors in most

jurisdictions on www.envipco.com and www.ing.be. For any question, investors can also contact the listing

agent, ING Belgium, at Marc Sanders 32.2.547.31.40 Email: marc.sanders@ing.be.

Management Board, Envipco Holding N.V.

Management Board, Stichting Envipco Trust

This announcement does not constitute an offer by, or invitation by or on behalf of Envipco or any

representative of Envipco, to purchase any securities or an offer to sell or issue, or the solicitation to buy

securities by any person.