Sale Household Linen activities Gamma Holding

Gamma Holding intends to sell the Household Linen activities of its Belgian subsidiary De Witte Lietaer, part of the Car Fabrics business unit, to the French company HDM-Finance. HDM-Finance holds interests in various production and distribution companies in the field of household linen and other textile products.

Gamma Holding aims to conclude the transaction by the end of February 2006. No official statements regarding the sum involved in the transaction can be made.

Turnover of the Household Linen activities amounts to approximately EUR 25 million. In 2005 the Household Linen activities were separated from Car Fabrics. Now that this process has been completed, Gamma Holding has opted to transfer the household linen business to a larger European player who, strategically, is better equipped to realise further growth in this sector.

Gamma Holding will publish its annual figures for 2005, including explanatory notes, on 24 February next, before the opening of the stock exchange.

Executive Board, Gamma Holding N.V.

Helmond, The Netherlands, 2 February 2006

Profile

Gamma Holding develops, manufactures and sells innovative, high-quality textile-based products throughout the world. In 36 countries, approximately 7,500 employees are active. 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. These are made up of seven business units specialising in belting, filtration, anti-ballistic materials, billboards, tent cloth, roofing, sailcloth, mattress ticking, car fabrics and exotic fabrics. With these products the company is a leading global player in its selected niche markets.