RHJI Announces Sale of Stake in SigmaXYZ

RHJI Announces Sale of Stake in SigmaXYZ

BRUSSELS, Belgium, Sept. 10, 2013 (GLOBE NEWSWIRE) --

RHJ International  ("RHJI") announces today that
it  has sold  half of  its 21.8% stake  in business  consulting services company
SigmaXYZ  to  a  number  of  Japanese  buyers,  including  Intec,  IIJ (Internet
Initiative  Japan Inc.) and Wacom. The individual sales transactions, which have
now  closed, generated  total gross  proceeds of  €7.4 million (JPY977 million),
representing  1.7 times the €4.3  million pro rata  carrying value of the stakes
sold.  RHJI continues to evaluate options to divest its remaining 10.9% stake in
SigmaXYZ.

RHJ International's Chief Executive Officer, Leonhard Fischer, commented:

"We  are very pleased  to announce today's  transaction, which represents one of
the last disposals from our legacy industrial portfolio. We continue to evaluate
options   to  divest  our  remaining  stakes  in  Shaklee  and  SigmaXYZ,  which
collectively now represent less than 2% of our total investment portfolio."

About RHJ International

RHJ  International is  a financial  services group  with principal activities in
wealth  management, asset management and merchant banking. Our wealth management
operations   are   conducted   through  Kleinwort  Benson:  an  independent  and
relationship-driven private bank. RHJI's asset management operations are carried
out  through  Kleinwort  Benson  Investors:  a  Dublin-based institutional asset
manager   that   offers   investors  innovative  and  differentiated  specialist
strategies  on both a segregated and unitised  basis. RHJI is listed on Euronext
Brussels, with the ticker symbol "RHJI".

For further information, please contact:

Duncan Heath
Investor Relations Director
RHJ International
Tel: +32 2 643 6013
E-mail: dheath@rhji.com

Full Press Release (PDF): http://hugin.info/135946/R/1728392/577208.pdf

[HUG#1728392]
 
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