The other acquisitions that took place in 2007, 2006 and 2005 are:

In 2007, as in previous years, Fortis also made several smaller acquisitions.

The amounts of the capitalised intangible assets and the goodwill presented above are the initial amounts, converted to euro and taking into account changes that were necessary because the accounting for a business combination was only determined provisionally by the end of the period in which the combination was effected. Subsequent changes due to net exchange differences and other changes are excluded. These acquisitions did not have a substantial impact on Fortis’ financial position and performance.

Detailed information on the acquisition of Fortis Energy Marketing & Trading (FEMT), FB Energy Canada, Corp. (FBECC) and Cadogan is provided in the Fortis Consolidated Financial Statements 2006.

Fortis announced on 5 October 2006, that it signed a final agreement with An Post, the Irish postal service, for the creation of a joint venture, called Postbank Ireland Ltd., through which a broad range of financial products and services will be offered to the Irish market. The new bank is a 50/50 partnership between An Post and Fortis, with an initial capital of EUR 112 million. The European Commission approved Fortis’ joint venture with An Post on 12 January 2007. On 18 April 2007 the Irish Financial regulator granted a banking license to An Post Financial Services and the joint venture was effectively launched at 1 May 2007. In accordance with Fortis Accounting Policies, this investment is accounted for using the equity method and is reported in the section Investments in associates and joint ventures in the balance sheet.

On 19 April 2007, Fortis acquired Captive Finance Limited, a finance company specialised in vendor lease financing with a strong position in the technology sector, for a total cash consideration of EUR 31 million.