Cascal N.V. Obtains New Loan Facility from Macquarie Bank Limited

By Cascal N.v., PRNE
Monday, June 14, 2010

LONDON, June 15, 2010 - Cascal N.V. (NYSE: HOO) (the Company), a leading provider of water and
wastewater services in eight countries, announced today that it has
successfully obtained a new term loan facility from Macquarie Bank Limited.
The new facility is for 55 million pounds (GBP) and will mature on June 14,
2015
.

The new term loan facility replaces an existing facility (US$60 million
revolving loan facility; US$10 million guarantee facility) with HSBC Bank
PLC, which was due to expire on June 26, 2011. The Company will utilize funds
from the new loan facility to retire in full the outstanding balance of US$58
million
on the existing facility. HSBC Bank PLC will continue to provide the
guarantee facilities until Cascal replaces these with another provider.

Commenting on the new loan facility, Cascal's Chief Financial Officer,
Mark Thurston, said, "We are very pleased to have refinanced our existing
debt with a facility that better suits our financial objectives. As a result
of the refinancing, we have access to increased growth capital to support our
acquisition objectives. In addition, the extended duration of debt puts the
Company's finances on a firmer footing."

About Cascal N.V.

Cascal provides water and wastewater services to its customers in eight
countries: the United Kingdom, South Africa, Indonesia, China, Chile, Panama,
Antigua and The Philippines. Cascal's customers are predominantly homes and
businesses representing a total population of approximately 4.7 million.

Forward-looking statements

This release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including statements
relating to the future of our operations in Panama. Such forward-looking
statements are not guarantees of future performance. There are important
factors, many of which are outside of our control, that could cause actual
results to differ materially from those expressed or implied by such
forward-looking statements including: general economic business conditions,
unfavorable weather conditions, housing and population growth trends, changes
in energy prices and taxes, fluctuations with currency exchange rates,
changes in regulations or regulatory treatment, changes in environmental
compliance and water quality requirements, availability and the cost of
capital, the success of growth initiatives, acquisitions and our ability to
successfully integrate acquired companies and other factors discussed in our
filings with the Securities and Exchange Commission, including under Risk
Factors in our Form 20-F for the fiscal year ended March 31, 2009, filed with
the SEC on July 1, 2009. We do not undertake and have no obligation to
publicly update or revise any forward-looking statement.

    Investor Contacts:

    KCSA Strategic Communications
    Jeffrey Goldberger / Marybeth Csaby
    +1-212-896-1249 / +1-212-896-1236
    jgoldberger@kcsa.com / mcsaby@kcsa.com

Investor Contacts: Jeffrey Goldberger, +1-212-896-1249, jgoldberger at kcsa.com, or Marybeth Csaby, +1-212-896-1236, mcsaby at kcsa.com, both of KCSA Strategic Communications

Financing Agreements News

June 15 News

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