(20/10/2005) Fortis's public offering on Disbank shares closed

Fortis announced today that it has acquired 14,239,572.90 additional shares or 3.9% of Disbank's capital at a bid price of YTL 4.42 (EUR 2.73) per (1000) share, for a total consideration of YTL 62.9 million (EUR 38.9 million). This previously announced public offering to minority shareholders took place in Turkey between 23 September and 10 October 2005. This brings Fortis's stake in Disbank to 93.3%. Disbank will remain listed on the Istanbul stock exchange. Fortis is an integrated financial services provider active in the fields of banking and insurance. With a market capitalization of EUR 31.3 billion (30/09/2005) and around 55,000 employees, Fortis ranks in the top 20 of European financial institutions. In its home market, the Benelux countries, Fortis occupies a leading position which it aims to develop and bolster. Fortis is drawing on the expertise it has acquired in its home market to realize its European ambitions via growth platforms. Fortis also operates successfully worldwide in selected activities. In specific countries in Europe and Asia it effectively exploits its know-how and experience in bancassurance. Fortis is listed on the exchanges of Amsterdam, Brussels and Luxembourg and has a sponsored ADR programme in the United States. More information is available on www.fortis.com

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