SAF-HOLLAND S.A.: Negotiations with the banks make progress - standstill agreement extended until the end of October

SAF-HOLLAND S.A. / Banking Syndicate

18.09.2009 

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SAF-HOLLAND and the banks are making progress in the intensive financing
negotiations currently underway. The constructive discussions of recent
weeks have seen both sides reach agreement on many points. On this basis,
the standstill agreement has been extended until October 27. The objective
of both the company and the banks is to put SAF-HOLLAND on a solid
financial footing.

The Board of Directors
Luxembourg, September 18, 2009



Contact:
SAF-HOLLAND Group GmbH
Barbara Zanzinger
Hauptstraße 26
63856 Bessenbach

Phone +49 6095 301-617
barbara.zanzinger@safholland.de




18.09.2009  Financial News transmitted by DGAP

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Language:     English
Company:      SAF-HOLLAND S.A.
              68-70, boulevard de la Pétrusse
              L-2320 Luxembourg
              Luxemburg
Phone:        +49 6095 301 - 0
Fax:          +49 6095 301 - 260
E-mail:       info@safholland.de
Internet:     www.safholland.com
ISIN:         LU0307018795
WKN:          A0MU70
Listed:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, München, Hamburg, Stuttgart
 
End of News                                     DGAP News-Service
 
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