The company reports that the closing has taken place today. The financial
restructuring of the company has successfully completed after nearly one and a
half year of tough negotiations. The following, important components form the
basis of the closing:

1. The sale of Dutch subsidiary N.V. Multikabel Alkmaar for EUR515 million
to the Amsterdamse Beheer-en Consultingmaatschappij B.V. and Christine Beheer-en
Adviesmaatschappij B.V., companies.
2. The repayment of the settlement with the Second Secured Lenders in the
amount of EUR375 million.
3. The repayment of the Senior Lenders liabilities in the amount of EUR462
million.

The new financing will be made through a senior credit from ING Bank N.V. in the
amount of EUR280 million plus an overdraft of EUR20 million and a mezzanine
financing from Och Ziff Management in the amount of EUR69 million. The whole
financing was granted to the company in line with the market conditions. In the
course of the new financing, a renowned auditing company reported positively on
the financial health of the company. The future of the company is secured with
these closing transactions.

Source: euro adhoc, 05.12.2005