Almere, 4 April 2011 – LeasePlan Corporation N.V., the world's leading fleet and vehicle management company, today released its Annual Report 2010. The report details how in the year under review LeasePlan’s performance was significantly ahead of 2009 with net profit up 20 per cent to EUR 199 million.
In his introductory review, Vahid Daemi, Chairman and CEO of LeasePlan, commented that throughout the difficult economic cycle LeasePlan has remained profitable, financially strong and a reliable partner to its clients.

Vahid Daemi said:
“That LeasePlan has reported a net profit in all three years since the onset of the crisis should be a source of great confidence to our shareholders and our investors. Our track record of delivering results, through adversity and at all stages of the economic cycle, remains intact. At the same time we have continued to be a stable partner to our clients.
Taking all factors into consideration, 2010 was a year of recovery for LeasePlan where performance almost returned to pre-crisis levels.”
On 30 March 2011 the annual accounts 2010 of LeasePlan were formally adopted by the General Meeting of Shareholders.
The full Annual Report can be downloaded or viewed online as of today at
www.leaseplan.com/annualreport2010. Printed copies of the Annual Report are available from 16 April 2011 on request.
Key highlights from the annual results announced by LeasePlan on 27 January 2011:
• Net profit increased by 20% to EUR 199 million in 2010, compared to EUR 165 million in 2009
• Total number of vehicles managed stable at a level of 1.3 million
• Strong capital position with further improved BIS ratio at 16.7% and Tier 1 ratio of 14.6%
• Successful new Dutch internet savings bank LeasePlan Bank supports diversification strategy
• All three rating agencies recognise resilience in performance by improving the company’s outlook to stable
• Reinforced market position as the world’s leading fleet and vehicle management company
-Ends