Wolters Kluwer, a leading publisher and information services company, intends to propose to the 2006 Annual General meeting of shareholders, to be held on April 26, 2006, abolishment of depositary receipts of shares issued by the Trust Office. Approval by the shareholders meeting would lead to the conversion of depositary receipts of shares into ordinary shares, and the subsequent abolishment of the Trust Office.
The Executive and Supervisory Board have taken the decision to propose the abolishment of depositary receipts of shares as a next step in further enhancement of the corporate governance of the company. The proposal reflects the efforts of the company over the last year to increase shareholders participation at the shareholders meeting. After approval by the shareholders meeting, the articles of association of the company will be amended accordingly and the necessary steps will be taken to convert the depositary receipts of shares into ordinary shares. The Annual General Meeting of Shareholders will take place on Wednesday April 26, 2006 in Amsterdam, the Netherlands. At the 2006 Annual General Meeting of Shareholders, shareholders and holders of depository receipts will be offered the possibility to vote by proxy, as was already the case in 2005.
About Wolters Kluwer
Wolters Kluwer (
www.wolterskluwer.com) is a leading multinational publisher and information services company. The company's core markets are spread across the health, corporate legal services, financial services, tax, accounting, legal, regulatory, and education sectors. Wolters Kluwer has annual revenues (2004) of 3.3 billion, employs approximately 18,400 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its depositary receipts of shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.