Amtel-Vredestein in Moscow Plant Sale Talks

Amtel-Vredestein NV is in discussions with “a number of companies” regarding the possible sale of its Moscow tyre manufacturing unit, “Moscow Tyre Plant-M”, which is located near the centrE of Moscow. In this event, the Company may relocate the tyre production plant to its Voronezh, Russia facility. “These negotiations may or may not lead to any agreement.