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2015-05-26

BHF Kleinwort Benson : Kleinwort Benson Bank secures strategic investor and partner in Samena Capital

Return to relationship-driven roots of merchant banking for new growth
markets
Brussels, 26 May 2015 - BHF Kleinwort Benson Group (the "Company" or "BHF
KB") today announced that Samena Capital ("Samena"), the premier investment
group focused on principal investments in the Subcontinent, Asia, Middle East
and North Africa, (collectively known as the SAMENA region), will acquire a
stake of up to 31.2% of Kleinwort Benson Bank Ltd ("KBBL"), Kleinwort
Benson's London-based private banking and corporate advisory subsidiary, for
cash consideration of £15 million, valuing KBBL at its projected net asset
value by the end of 2015. Samena will have an option to increase its
ownership to 39.9% during 3 years following completion of the transaction.
The transaction brings together an unparalleled group of high net worth,
entrepreneurial shareholders from Europe and across the SAMENA markets with a
view to advancing their shared desire for a return to relationship-driven
banking and access to differentiated investment opportunities. The
transaction is expected to close by the third quarter of 2015, subject to
closing conditions, including regulatory approval. Following the closing, the
shareholders also intend to establish a new global merchant banking operation
under KBBL in Dubai to offer advisory services for corporate activity in the
region.

The press release from Kleinwort Benson and Samena Capital is available on
Kleinwort Benson's website using the following link:
http://www.kleinwortbenson.com/news-and-insights/press-releases/2015/

Contact Details
---------------------------------------------------------------
| For further Cubitt Consulting |
| |
|information, |
|please contact: Simon Brocklebank-Fowler/Louise Acton |
| |
| +44 20 7367 5101 / +44 20 7759 1199 |
| |
| simonbf@cibutt.com / louise.acton@cubitt.com |
---------------------------------------------------------------

About BHF Kleinwort Benson Group SA
BHF Kleinwort Benson (Euronext: BHFKB) is a limited liability company
incorporated under the laws of Belgium, having its registered office at
Avenue Louise 326, 1050 Brussels, Belgium. BHF Kleinwort Benson is a merchant
bank with principal activities in private banking, asset management and
financial markets&corporates.

For further information visit:www.bhfkleinwortbenson.com

Full Press Release (PDF)
http://hugin.info/135946/R/1923691/689875.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BHF Kleinwort Benson via Globenewswire

HUG#1923691

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