Further to the announcements made by the SEB on 01 September 2010, 18 November 2010, 17 February 2011, 17 August 2011 and 17 November 2011, the Board of Directors wishes to announced that after assessing the current situation, both parties have on even date agreed to terminate the said CA with immediate effect as it is not feasible for both parties to fulfill the terms and conditions as stipulated therein (Termination).
There is no further cost and/or liability to be assumed by SEB from the Termination.
This announcement is dated 19th January 2012.