Dividend proposal RSDB NV

A cash dividend of EUR 1.76 (2004 EUR 1.70) per ordinary share will be proposed to the annual General Meeting of Shareholders, to be held on June 19.

This dividend proposal is in line with RSDB´s dividend policy that is based on a cash payout of 40% of the net result per ordinary share as long as the solvency meets the required minimum of 30%.

The ex-dividend date is set at June 21, 2006. After adoption of the annual accounts and the dividend proposal, the dividend will be made payable as at June 30, 2006.

Hilversum, May 31 2006


RSDB NV
Executive Board