Gamma Holding to sell decoration textiles

Gamma Holding intends to sell the curtain fabrics and wall decoration activities of the Sleep Care Fabrics business unit to Escofin N.V., a Belgian company specialised in decoration textiles. Both parties have signed a declaration of intent to this effect. Gamma Holding expects to complete the transaction in the first quarter of 2007. No statements can be made on the sum involved. Turnover of the activities to be sold amounts to approximately EUR 9 million. Some 30 people are involved in the transaction. The social partners will be consulted on the matter. Gamma Holding will publish its annual figures for 2006, including explanatory notes, on 23 February 2007, before the opening of the stock exchange. Executive Board Gamma Holding N.V. Helmond, The Netherlands, 5 December 2006 Profile Gamma Holding develops, manufactures and sells innovative, high-quality textile-based products throughout the world. In 39 countries, approximately 7,300 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, with activities in the field of transport and conveyor belts, filter products, coated fabrics and composites, sailcloth, mattress ticking and exotic fabrics. With these products the company is a leading global player in its selected niche markets. More information: www.gammaholding.com