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Published on 7/5/2006 in the Prospect News High Yield Daily.

VNU holders approve new call option for 6¾% notes

By Jennifer Chiou

New York, July 5 - VNU NV announced that holders of its €600 million of 6¾% notes due Oct. 29, 2008 authorized the addition of a call option.

The option allows VNU to redeem the notes at par plus accrued interest.

The company said that €48.923 million of the notes is outstanding.

The meeting to approve the call was held on July 4 after being postponed from June 19 because no quorum was present.

Based in Haarlem, the Netherlands, VNU is an information and media company.


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