Royal Vopak announces the transfer of a portion of its long-term interest-bearing receivables not relating to core activities to a financial institution, with part of the proceeds being used to repay debt.

N.V. Nederlandse Gasunie (Gasunie) and Koninklijke Vopak N.V. (Vopak) have successfully completed their initial study into the feasibility of a terminal for liquid natural gas (LNG) on the Maasvlakte (the Netherlands).

Koninklijke Vopak N.V. announces its agreement with its partner Lehnkering GmbH, earlier today, to acquire the latter’s 50% interest in DUPEG Tank-Terminal Deutsch-Ueberseeische Petroleum GmbH & Co (DUPEG). Following this acquisition, Vopak takes full ownership of this terminal established in Hamburg (Germany).

Koninklijke Vopak N.V. (Royal Vopak) achieved an group operating profit excluding exceptional items for the third quarter of 2005 of EUR 45.6 million (Q3 2004: EUR 38.2 million). The impact of exceptional items in Q3 2005 was a reduction in profit of EUR 1.5 million (Q3 2004: reduction of EUR 0.4 million), caused mainly by a downward value adjustment on activities to be discontinued. Vopak’s group operating profit excluding exceptional items for the first three quarters of 2005 is EUR 130.6 million (YTD Q3 2004: EUR 112.0 million).

In the first half of 2005, Koninklijke Vopak N.V. (Royal Vopak) generated net turnover of EUR 326.2 million. For the same period of 2004, net turnover was EUR 322.0 million, which included EUR 14.0 million of turnover generated by activities that have since been sold. After adjusting for an adverse currency translation effect of EUR 3.8 million and discontinued activities, net turnover rose by 7.2%.

A number of major market players operating in the LNG sector have expressed interest in using an LNG terminal and in joining forces with Gasunie and Vopak.

The International Projects Group of Korea Gas Corporation (Kogas) and Vopak Asia Pte. Ltd. (Vopak Asia) signed an agreement with the intention of collaborating on the development of one or more receiving terminals for liquefied natural gas (LNG) in some countries in Asia.

Koninklijke Vopak N.V. (Royal Vopak) signed a new five-year EUR 500 million revolving credit facility. The conditions of this new facility reflect the improved credit fundamentals of Vopak.

Koninklijke Vopak N.V. (Royal Vopak) announces that it has reached agreement with the local authorities of Zhangzijagang in Jiangsu Province, China, on the long-term lease of around 48 hectares of land to build a state-of-the-art terminal.

The proposed 2004 dividend was approved at the Annual General Meeting of Shareholders of Vopak held on 28 April 2005. Shareholders were given the option to receive the final dividend in cash or in ordinary shares.

The Annual General Meeting of Shareholders of Koninklijke Vopak N.V. (Royal Vopak) held on 28 April 2005 passed the following resolutions.

Koninklijke Vopak N.V. (Royal Vopak) announces that its group operating profit for the first quarter of 2005, excluding exceptional items, increased by 22% to EUR 42.2

The transport company of the B.V. Nederlandse Gasunie (Gasunie) and Koninklijke Vopak N.V. (Royal Vopak) intend collaborating on the development of a receiving terminal for liquefied natural gas (LNG).

The Supervisory Board will nominate Mr F.D. (Frans) de Koning for appointment to Royal Vopak’s Executive Board for a period of four years during the Annual General Meeting to be held on 28 April 2005

Royal Vopak announces it intends reorganising its inland chemical barging unit based in Dordrecht (Vopak Barging Europe B.V.).

In February 2005 Vopak reached an agreement in principle to develop a new site in the port of Antwerp, Belgium. Construction of the first phase will start in one year.