F&F RABOBANK SPONSORS CEJA RNA acquires Napa Community Bank Americas Europe RI IN THE NEWS Just the facts figures FrieslandCampina TomTom Royal BAM Group In 2009, Rabobank advised a broad range of Wholesale clients on financing transactions. Three successful deals in the Netherlands: Transaction Providing EUR 50 million liquidity for member bonds and guaranteeing theirtradeability Friesland Food and Campina merged in 2008. It was crucial to obtain the trust of their members for this conversion to succeed. Rabobank guaranteed the liquidity of the new member bonds by means of a EUR 50 million facility. Rabobank has established an internal market on which member bonds can be traded six times a year. Rabobank's role in facilitating this internal market and guaranteeing the tradeability of the member bonds helped them to gain acceptance. Transaction EUR 359 million rights offering TomTom and its lenders agreed on amendments to the terms of TomTom's facility agreement to provide TomTom greater headroom under its financial covenants. Rabo Securities together with Deutsche Bank, Goldman Sachs, ING and RBS acted as global coördina tor, joint bookrunner and underwriter in the EUR 359 million rights offering. The net proceeds of the equity offering are applied towards debt reduction. Transaction Syndicated credit facility The development of Royal BAM Group has progressed via numerous acquisi- tions. Following the assumption of full ownership of Terra Amstel, BAM decided to refinance the Terra Amstel Facilities to BAM Group level. In 2009, Rabobank acted as coördinator of a syndicated credit facility for BAM.To allow the refïnancing, approval had to be given by an extensive number of lenders of existing financing arrangements. 6 issue 23 RI WORLD Rabobank, N.A. has agreed to acquire Napa Community Bank, a USD 163 million, full-service community bank located in the city of Napa, in the heart of California wine country. The bank offers a full range of retail financial services and its board of directors is composed of local com munity and civic leaders from the Napa Valley. The transaction, which is subject to approval by shareholders and regulators, is expected to close in the middleof2010, and continues RNA's expansion within California. 'This acquisi- tion will provide us with a high profile position in a valuable agricultural region. It also brings us excellent management talent, valuable customer relationships, a sound and quality loan portfolio, and a strong deposit base," Ronald Blok, CEO of Rabobank, N.A., said. The Napa Community Bank acquisition will give Rabobank an established branch to anchor its growing wine country business and to provide full-service banking to meet the expectations of its wine country customers and prospects. Rabobank as a whole already has a lending portfolio of approximately USD 500 million in Napa and Sonoma counties. 'The transaction brings benefits for customers as well. Rabobank customers will soon have an additional location in popular Napa Valley from which to conduct their banking. Meanwhile, once Napa Community customers become Rabobank customers, they will enjoy much more banking convenience from our more than 100 locations, and access to greater capital resources than they currently have," Ronald Blok said. c NAPA COMMUNITY BANK At the end of 2009, Rabobank signed an initial one-year sponsorship agreement with the European Council of Young Farmers (CEJA). "We are delighted to be the sponsor of CEJA, an organisation that represents the next generation of European food producers," said Caroline Steenvoort, from RI's Rural Retail Banking Business Development unit responsible for products branding.* "Our partnership with CEJA links us to an important stakeholder and sparring partner in the European F&A sector. It will help us further in understanding our clients' needs, and generate more brand awareness throughout the region." "Besides the exchange of knowledge, visions on agriculture in Europe and affiliated themes like CSR, we are keen to be involved in CEJA's meetings - in markets that are relevant for our organi sation. For instance, we aim to organise an event in Poland this year and we are joining forces with BGZ and CEJA to organise this," Caroline said. "For BGZ it is an important initiative to create direct contacts between the new a, a, generation farmers and our organisation," adds Flem Mulders, who took over part of Caroline's activities within RI R&R Business p» 4 Development. For more information about similar partnership agreements, visit: www.rabobank.com/content/food agri/proofofperformance As of March 1Caroline was appointed Sipko Schat's Strategie Advisor

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