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Dexia: Closing of the sale of Sofaxis

                    Dexia: Closing of the sale of Sofaxis

Regulated information - Brussels, Paris, 30 September 2013 - 6.00 pm

Closing of the sale of Sofaxis

After having  signed a  sale and  purchase agreement  on 26  June 2013,  Dexia 
announces today the  closing of the  sale of Sofaxis  to Société  Hospitalière 
d'Assurances Mutuelles (Sham), MGEN Group and Mutuelle Nationale  Territoriale 
(MNT),  for  a  firm  price  of  EUR  136  million.  All  of  the   regulatory 
authorisations have  been received.  For Dexia,  this sale  is a  part of  the 
orderly resolution plan  initiated in  October 2011. The  capital gain,  which 
will be disclosed in the 3Q group interim statement, is currently estimated at
EUR 65 million and the impact on solvency ratios is not significant.

The ambition of the  new entity Sham-Sofaxis, that  gathers the skills of  765 
employees and a scope of activities representing more than EUR 650 million  of 
premiums collected, will be to position  itself as a leading player  providing 
insurance, risk  management and  social protection  services to  local  public 
sector and to the different stakeholders in the sector of personal care.

Press Release

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information contained therein.

Source: Dexia via Thomson Reuters ONE
HUG#1732498
 
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