RHJ International (EBR:RHJI)

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RHJ International Announces the Completion of the Acquisition of KBC Asset Management Limited from KBC Asset Management N.V.

BRUSSELS, BELGIUM -- (Marketwire) -- 10/11/10 -- RHJ International S.A. ("RHJI") continues its drive to build a financial services franchise and has completed the acquisition of KBC Asset Management Limited ("KBCAM") from KBC Asset Management N.V. for a total cash consideration of EUR 23.7 million, subject to post closing adjustments.

About RHJ International:

RHJ International (Euronext: RHJI) is a limited liability company incorporated under the laws of Belgium, having its registered office at Avenue Louise 326, 1050 Brussels, Belgium. RHJI is transforming itself from a diversified industrial holding company into an active and dynamic financial services group. For further information visit: www.rhji.com.

This press release contains certain forward-looking statements concerning the Company's operations, economic performance and financial condition. Such forward-looking statements are based on management's current expectations, estimates and projections and are subject to a number of assumptions and involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. The Company has no obligation to publicly update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release.

[HUG#1450696]

Full Press Release (PDF): http://hugin.info/135946/R/1450696/392015.pdf

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: RHJ International SA via Thomson Reuters ONE

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