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Zenitel divests its subsidiary Zenitel Colsys

Today, April 13, 2007, a share purchase agreement has been signed, regarding Zenitel Colsys s.r.o., between Zenitel Norway AS, a subsidiary of Zenitel NV, and BE Colsys a.s., a company which is mainly owned by industrial investors in the Czech Republic.

Closing of the agreement will occur on Monday, April 23, 2007.