In compliance with Article 82 of Spanish Securities Market Law 24/1988, Iberia Líneas Aéreas de España, Air France-KLM and Deutsche Lufthansa AG hereby notify the Spanish Securities Market Commission of the following
The Board of Directors of Iberia, during its meeting held on 20 January 2005, has ratified the actions of Iberia’s representatives of Wednesday 12 January, agreeing to negotiate exclusively with the representatives of the funds managed by BC Partners and Cinven for the purpose of reaching an agreement, if appropriate, in order to launch a public bid for the acquisition of 100% of the Class A shares in Amadeus at a price of Eur7.35 per share.
The Boards of Directors of Air France-KLM and Air France, during their meetings held on 20 January 2005, delegated to their President the power to adopt, within the frame of the negotiations described above, the resolution to carry out the transaction, executing, if appropriate, all the actions that may be required for its effectiveness.
The Supervisory Board of Deutsche Lufthansa AG had also previously agreed to continue negotiations on the proposed transaction.
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