LeasePlan publishes its Annual Report 2009

Almere, 25 March 2010

Following the publication of its year-end 2009 results on 9 February 2010, LeasePlan Corporation N.V. today released its Annual Report 2009. In the year under review LeasePlan achieved solid financial results despite the difficult economic conditions and continued to be a stable partner to its clients. The full Annual Report can be downloaded or viewed online as of today at www.leaseplan.com. Printed copies of the Annual Report are available on request. The financial statements included in the Annual Report were adopted on 19 March 2010.

Key highlights:

• A profit for the year of EUR 165 million. A result which improved substantially in the 2nd half of 2009 (EUR 61 million at 30 June 2009)
  
  
• Slight reduction in lease portfolio compared to year-end 2008: EUR 13.6 billion, down 4%
  
  
• Strong capital position with BIS ratio at 14.9% and Tier 1 ratio at 12.8%
  
  
• Successful debt capital market issue in October 2009 and in March 2010
  
  
• LeasePlan Bank, an internet savings bank for the Dutch market, was introduced to add further diversification to the company’s funding sources
  
  
• The transaction for Fleet Investments B.V. becoming the new 50% shareholder of LeasePlan was completed in February 2010.
  

LeasePlan is cautiously optimistic about the outlook for 2010 and remains confident it will maintain positive results. The company expects that economic recovery in the majority of markets in which it operates will have a positive effect on residual value and debtor losses. LeasePlan is well positioned to benefit from its diverse and high-quality client base, its presence in 30 countries, the