According the Metris web site, as a result of a mandatory reopening of the takeover bid of Nikon Corp. (through NIMD SPRL, a wholly-owned Belgian subsidiary) on Metris, NIMD SPRL holds 11,980,911 shares and thus holds 95.04 percent of the Metris shares. NIMD SPRL will proceed from Sept. 28 to Oct. 16, to undertake a squeeze-out public bid pursuant to the provisions of Article 42 and Article 43 of the Belgian Royal Decree of April 27, 2007, on public takeover bids and Article 513 of the Belgian Company Code. During this period, holders of shares and warrants may tender their shares and warrants under the same conditions as those applicable during the initial acceptance period, the voluntary reopening and the mandatory reopening of the takeover bid.

All shares and warrants which will not have been tendered to the squeeze-out public bid will be deemed transferred to NIMD SPRL by operation of law on Oct. 16. Thereafter, Metris will thus become a wholly-owned subsidiary of the company and its shares will then be delisted from NYSE Euronext Brussels. The delisting request was filed with NYSE Euronext Brussels on Sept. 30 and will become effective on Oct. 19, 2009.

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