2 Billion Rouble LOC

RNS Number:0948V
Amtel-Vredestein N.V.
18 April 2007

            Amtel-Vredestein Opens 2 Billion Rouble LOC With Sberbank 

             Additional lines of credit with BSGV and other borrowings  
                confirm lender confidence in the Russian tyre leader 


Moscow, Russia, - Amtel-Vredestein N.V, (LSE; AMV), a leading European tyre
producer and Russia's largest manufacturer of passenger car tyres announced
today that it has secured a new line of credit (LOC) with Russia's largest bank,
Sberbank. 

Through its Russian subsidiary, LLC Amtel-Chernozemye, the company secured a 2
billion rouble (approximately $77.6 million) LOC with Sberbank for a period of
18 months at 9.5%. An  additional 400 million rouble LOC (approximately $15.5
million) has been approved by Banque Societe Generale Vostok (BSGV) for twelve
months at a variable MosIBOR overnight rate plus three percent.

These lines of credit are expected to be used primarily as a reserve in the
event that cash flow and other instruments are insufficient to replace more
expensive and/or shorter term debt scheduled to mature later this year -
including a credit linked note (CLN) which expires on 30 June.  Continued
borrowing at favourable rates confirms confidence in Amtel-Vredestein by 
lenders and assures investors that the company's cash position is secure.

Management anticipates that the company's debt will near its inflection point as
it completes its investment program later this year and begins to reap the
benefits of its modernization and expansion plan.  Subject to its annual
audit, Amtel-Vredestein expects its 2006 results to be consistent with guidance
presented last November.     


For further information, please visit www.amtel-vredestein.com or contact:

Amtel-Vredestein N.V. 
John Rose 
[phone]
[e-mail]

Rose Creative Strategies, Moscow                     
Galina Savina                                        
[phone]                                      


Amtel-Vredestein N.V. is a leading European tyre producer and Russian number one 
passenger tyre manufacturer. The Company sells passenger car tyres under the 
VREDESTEIN, AMTEL and MALOYA brands manufactured at its facilities in Enschede, 
Netherlands; Kirov, Moscow and Voronezh, Russia. The company's AV-TO subsidiary 
is Russia's number one automotive retailer and the leading tyre and auto parts 
distributor.

 
FORWARD-LOOKING STATEMENTS.   This press release may contain forward-looking
statements  regarding future events or the future financial performance of
Amtel-Vredestein N.V.  These statements  are not guarantees of future
performance, which is subject to risks, uncertainties and assumptions that
cannot be predicted with certainty.  Accordingly, actual outcomes and results
may differ materially from those expressed in the forward-looking statements.
Amtel-Vredestein N.V, does not intend to update  these statements to reflect
actual results. 





                      This information is provided by RNS
            The company news service from the London Stock Exchange

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