SWETS UPDATE

Sep 22, 2014

PRESS RELEASE FROM SWETS

To protect the business interests of Swets & Zeitlinger Group BV, we have requested the court in Amsterdam to declare a suspension of payments of Swets & Zeitlinger Group BV and appoint an administrator. This request was honoured by the court and, last Friday, mr. J.L.M. Groenewegen (CMS) was appointed as administrator.

Management will work closely with the administrator, advisors and relevant business stakeholders in the coming days to investigate alternatives for the business.

For any queries, please contact Antoinette Baarda by email (abaarda@nl.swets.com).