Q-Park Gains Confidence From Major Banks

By Q-park N.v., PRNE
Thursday, December 3, 2009

Extensive EUR 965 Million Financing

MAASTRICHT, The Netherlands, December 4 - A Pan-European bank consortium led by ING Real Estate Finance
(Co-ordinator), Rabobank and KBC have confirmed their confidence in Q-Park by
participating in the new Corporate Financing of EUR 965 million.

Q-Park, an international, Dutch owned parking company, has secured
extensive financing for a total of EUR 965 million for three years, committed
by ING, Rabobank, KBC, ABN AMRO/HBU II, Dexia bank, Banque Palatine, LCL and
Handelsbanken. Herewith these banks demonstrate their confidence in the
positive development and long-term vision of Q-Park as described in the 2010
- 2012 Business Plan recently approved by the shareholders.

This financing package at corporate level and the confidence of the
shareholders, expressed in the recent share issue of EUR 50 million, means
that ongoing activities as well as the acquisitions and capital expenditure
as stated in the Business Plan are fully funded. For Q-Park, with an annual
turnover exceeding EUR 600 million, this creates a stable financial framework
for the upcoming planning period, so the strategic focus can now concentrate
fully on optimising the operational company.

Q-Park is market leader in several countries and promotes an unambiguous,
high quality brand policy. Quality is also the starting point for Q-Park's
corporate social responsibility, where sustainability, safety and wellbeing
are the central themes in and around the parking facilities. This is
expressed in many ways, including the availability of AEDs, working with
sustainable construction and maintenance materials, reducing traffic
searching for a parking space (and therefore CO2 emissions) by linking to
parking guidance systems and social parking fee strategies to regulate
mobility.

Q-Park sees the car parking market as part of the mobility chain and
advocates regulating mobility in urban areas, paid parking being the primary
instrument. At the forefront in this is the fairness principle 'the user
pays' because up to now, disproportionately large amounts of tax payers money
are spent on (free) parking instead of meeting other societal requirements
such as education and healthcare.

About Q-Park

Q-Park is one of the three leading providers of parking facilities in
Europe, whether wholly-owned, managed or in a hybrid business model. Q-Park
is recognisable by its quality approach and has a portfolio comprising over
800,000 parking spaces and office accommodation in the Netherlands, Germany,
Belgium, Great Britain, France, Ireland, Denmark, Sweden, Norway and Finland.

With its publication 'Quintessence - the logic behind paid parking',
Q-Park has introduced a socially responsible standard for the parking
industry. This addresses the five urban challenges with the five related
tasks: investment, management, control, monitoring, setting fees. For further
information please send an e-mail to Quintessence@q-park.com.

Mr Vleugels, CEO and Chairman of the board, is available for comments.

For comments, information, visual material and so on please contact: Q-Park NV, Sacha Oerlemans, Corporate Director Marketing & Communications, +31-433-297-127, cmc at Q-Park.com

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