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Connect Group successfully concludes subordinated warrant loan subscription.

Connect Group NV (Euronext Brussels: CONN) announces the successful subscription of its subordinated warrant loan. Several subscribers have together subscribed the maximum loan amount of EUR 5,000,000.

The Board of Directors will be proposing to the general meeting on 27 April 2010 that each subscriber be allotted his full subscription amount.

With the issuing of this subordinated warrant loan in an amount of EUR 5,000,000, Connect Group significantly improves its equity and cash position. This improvement of the equity and the cash position was necessary after the divestment of the automation activity at the end of 2009.

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