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Technology Stocks : ASML Holding NV -- Ignore unavailable to you. Want to Upgrade?

To: niek who wrote (1249)	10/9/2006 9:33:56 AM
From: niek	Respond to of 43353

Press Releases ASML Anticipates Buyback of Shares to Reduce Significantly the Dilution from Convertible Bonds Due October 2006 VELDHOVEN, the Netherlands, October 9, 2006 – ASML Holding NV (ASML) today announced that it has completed the financial transactions as disclosed on September 25, 2006 to mitigate the potential dilution from its convertible bonds due October 2006. ASML has purchased call options on its shares from a financial institution to match a portion of the conversion rights under the 5.75 percent subordinated convertible bonds due October 15, 2006. A total of approximately 30.8 million ordinary shares are issuable upon conversion of the bonds at an effective conversion price of USD 18.66 per share. Based on current trading prices for its shares, ASML anticipates that substantially all of the bonds will be converted prior to their maturity. The call options provide ASML with the right to buy back 14.9 million of its shares, which would reduce significantly the dilution that would occur as a result of the anticipated conversion. On October 6, 2006, the closing price of ASML’s shares was USD 23.33 on Nasdaq and EUR 18.54 on Euronext Amsterdam.