Gamma Holding: sale Ames Europe completed

Gamma Holding has completed the sale of its subsidiary Ames Europe. The company, part of Discontinued Operations, has been sold to a Dutch private investor with interests that include a printing works and a logistics services company. Ames Europe has a total of 117 employees. No statements can be made about the sum involved.

Turnove rof Ames Europe amounts to approximately EUR 18 million. The company makes industrial knitted fabrics and has facilities in Enschede (Netherlands) en Rémiremont (France).

Gamma Holding will present its annual figures of 2006 before market ono 23 February 2007.

Executive Board, Gamma Holding N.V.

Helmond, The Netherlands, 11 December 2006

Profile

Gamma Holding develops, manufactures and sells innovative, high-quality textile-based products throughout the world. The company has some 7,300 employees in 39 countries. Its headquarters are located in Helmond (The Netherlands) and its shares are listed on Euronext Amsterdam.

Gamma Holding comprises two sectors, Gamma Technologies and Gamma Comfort & Style, with activities in the field of belting, filtration, coated fabrics and composites, sailcloth technology, as well as sleep care and exotic fabrics. The company is a leading global player in its selected niche markets.

Gamma Holding has completed the sale of its subsidiary Ames Europe. The company, part of Discontinued Operations, has been sold to a Dutch private investor with interests that include a printing works and a logistics services company. Ames Europe has a total of 117 employees. No statements can be made about the sum involved.

Turnove rof Ames Europe amounts to approximately EUR 18 million. The company makes industrial knitted fabrics and has facilities in Enschede (Netherlands) en Rémiremont (France).

Gamma Holding will present its annual figures of 2006 before market ono 23 February 2007.

Executive Board, Gamma Holding N.V.

Helmond, The Netherlands, 11 December 2006

Profile

Gamma Holding develops, manufactures and sells innovative, high-quality textile-based products throughout the world. The company has some 7,300 employees in 39 countries. Its headquarters are located in Helmond (The Netherlands) and its shares are listed on Euronext Amsterdam.

Gamma Holding comprises two sectors, Gamma Technologies and Gamma Comfort & Style, with activities in the field of belting, filtration, coated fabrics and composites, sailcloth technology, as well as sleep care and exotic fabrics. The company is a leading global player in its selected niche markets.