Dexia: Dexia and New York Life Investments enter into exclusive negotiations for the sale of Dexia Asset Management

 Dexia: Dexia and New York Life Investments enter into exclusive negotiations
                    for the sale of Dexia Asset Management

Regulated information - Brussels, Paris, 19 September 2013 - 8.30 pm

Dexia and New York Life Investments enter into exclusive negotiations for  the 
sale of Dexia Asset Management

On Thursday  September  19th, 2013,  Dexia  decided to  enter  into  exclusive 
negotiations with New York  Life Investments, with a  view to selling 100%  of 
its shares in Dexia  Asset Management, following the  submission of a  binding 
offer by New York Life Investments.

New York  Life  Investments,  a  wholly owned  subsidiary  of  New  York  Life 
Insurance Company, is a leading investment management firm, with $388  billion 
in assets under management,  as of July 31,  2013. New York Life  Investments 
ranks  among   the   world's   largest  asset   managers   and   through   its 
multiple-boutique investment structure,  offers access  to an  array of  fixed 
income,  equities  and  alternative  products  for  institutional  and  retail 
clients.

During the auction  process, New York  Life Investments was  one of the  final 
contenders. New York Life  Investments constitutes a  solid partner to  pursue 
Dexia Asset Management's commercial development. Moreover, Dexia is  confident 
in its execution capacities, should an agreement be signed.

Any agreement by the parties would be subject to finalization of its key terms
and of the  employee consultation  process in accordance  with the  applicable 
legal framework.

More information :www.dexia.com

Press contacts           Investor contacts
Press Service - Brussels Investor Relations
+32 2 213 57 97          +33 1 58 58 82 48 / 87 16
Press Service - Paris
+33 1 58 58 86 75

Dexia_PR_20130919_EN.pdf

------------------------------------------------------------------------------

This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Dexia via Thomson Reuters ONE
HUG#1730166
 
Press spacebar to pause and continue. Press esc to stop.