Citigroup, J. P. Morgan and Lehman in iesy Hessen €230 Million Facility Agreement

February 14, 2005

Cleary Gottlieb represented Citigroup Global Markets Limited, J.P. Morgan plc and Lehman Brothers International (Europe) in their capacities as Mandated Lead Arrangers in negotiating a €230 million secured term and revolving facility agreement with iesy Hessen GmbH & Co. KG, a German cable operator.  iesy Hessen may use the facilities for the purposes of making dividends and making acquisitions within defined limits.