Bird & Bird advises Bateman Litwin on major AIM listing 

13 June 2006

The Dutch office of international law firm Bird & Bird has been advising Bateman Litwin N.V. on its admission to trading to AIM and institutional placing. The placing raised $90 million for the Company giving it a market capitalisation of $326.2 million.

Bird & Bird handled the corporate and securities law issues from a Dutch law perspective for Bateman Litwin N.V. Corporate partner Steven van der Waal and senior associates Ingrid de Haan (corporate) and Lous Vervuurt (banking and finance) handled the work. Bird & Bird’s Dutch office has been involved in a number of AIM listings in recent months and also completed the first ever listing on AIM of a Dutch company – for Bateman Litwin’s former sister company, Bateman Engineering N.V in October last year.

Commenting on the transaction, Irad Rekem, Group General Counsel, Bateman Litwin said:

“We were delighted that Bird & Bird could help us on this deal. They have a lot of experience of AIM listings and their support on this was invaluable”.

Steven van der Waal added:

“This is a growing area of work for us and we are getting involved in more and more AIM listings. From a legal perspective, they offer interesting challenges as each deal requires significant cross-border involvement”.

Bird & Bird also advised XCounter which was the first Swedish company to list on AIM and the first Italian company (Teleunit S.A) to launch on AIM.

For more information on this deal please contact Steven van der Waal on +31 (0)70 353 8800. For more information on Bird & Bird please contact Natalie Arestis, PR Manager on +44 20 7905 6248 or natalia.arestis@twobirds.com.

- Ends -

Notes to Editors:

About Bird & Bird

Bird & Bird is a full service international commercial law firm with an in-depth knowledge of chosen industry sectors. We focus on aviation & aerospace, communications, banking & financial services, e-commerce, information technology, life sciences, media and sport.

With offices in Beijing, Brussels, Düsseldorf, Frankfurt, The Hague, Hong Kong, London, Madrid, Milan, Munich, Paris, Rome and Stockholm we offer our clients local expertise within a global context helping them to realise their business goals both domestically and internationally.

Bird & Bird was identified as one of the Top 50 Law Firms in the world that has “taken the greatest strides towards globalisation while maintaining quality”, in a recent survey carried out by researchers for the PLCWhich Lawyer? Yearbook.