Brussels, 3 October 2008

Kreab Group announced its acquisition today of Brussels based Houston Consulting Europe. The combined Brussels team will consist of more than 40 specialists. Kreab Brussels will join forces with Houston's highly regarded experts, who bring with them an impressive track record in financial sector issues. John Houston will become a Senior Partner in Kreab Group.

- For Kreab, this a substantial step forward. Since we established our business in Brussels in 1992 we have grown to be a leading force in European Affairs. Acquiring Houston Consulting provides us with an opportunity to extend our expertise further, said Charlotte Erkhammar, CEO of Kreab.

- I am immensely pleased to be joining forces with Kreab, a company that shares a similar approach to building long-term relationships with clients. Our existing customers will now have access to a wider range of high quality services and the international reach of Kreab Group, said John Houston, Founder and CEO of Houston Consulting.

- With our combined offering we represent a formidable force in Brussels. In addition to our leading positions in other fields such as competition and environment, we can now add a very impressive capacity in financial sector issues. We are looking forward to developing the benefits that will result from joining together two highly skilled multi-cultural teams, said Georg Danell, Managing Partner of Kreab Brussels.

For further information, please contact:
Charlotte Erkhammar (+46 735 22 52 22)
Georg Danell (+32 475 41 21 40)
John Houston (+32 2 504 80 40)

Or visit our websites: www.kreab.com / www.houston-consulting.eu

The full press release is available here.