2008 Ambitions and Outlook

De Lage Landen has not yet experienced a direct influence of the international credit market crisis on the business of its clients. This is due to the way the company’s business model is set up. Despite the uncertainties within the international financial markets, De Lage Landen expects double digit growth for the coming year.

Although funding prices are increasing, the company expects to continue the growth of its lease portfolio. Moreover, in 2008 De Lage Landen expects a continuation of the trend of five years of consecutive double-digit net profit growth. Geographical expansion remains high on the agenda. In 2008, De Lage Landen will be on the look out for further expansion in Central- and Eastern Europe and will investigate possibilities to expand its network to India and South Africa.

De Lage Landen’s car lease activities will be continued under the brand name of Athlon Car Lease after conclusion of the integration of Athlon Car Lease and Translease in 2008. Athlon Car Lease will investigate opportunities for expansion on a European level. The start up of car lease activities in Poland and vendor finance activities in Hungary will be the basis for starting up car lease activities in Central and Eastern Europe. In the Dutch home market, De Lage Landen will enhance the co-operation between Car Lease, Consumer Finance and Financial Institutions to capitalize on opportunities for synergies.