Vinci calls 2% Oceanes

New York, Nov. 30 -Vince said it will redeem its 2% convertible bonds due Jan. 1, 2018 in the Oceanes structure on Jan. 1, 2006.

The company will pay €96.52 per bond plus accrued interest due on the redemption date.

Up to the close of business on Dec. 21, holders can convert the securities at the rate of two shares per bond. Holders who convert by Dec. 19 will receive the interim dividend of €0.70 per share.

Vinci is a Rueil-Malmaison, France, construction and related services company.

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