RNS Number:1880B
Amtel-Vredestein N.V.
07 April 2006


                         AMTEL-CHERNOZEMYE SIGNS $63 MILLION 
                        AGREEMENT WITH LINCAS EXPORT SERVICES

                Amtel-Vredestein unit buys state-of-the art equipment 
             for its new Voronezh-II tyre factory from Siemens subsidiary

Amsterdam, the Netherlands - Amtel-Vredestein N.V. (LSE:AMV), a pan-European
tyre producer incorporated under the laws of the Netherlands with operating
facilities in Russia and the Netherlands, today announced that its OJSC Amtel-
Chernozemye unit in Voronezh, Russia signed a $63 million agreement with a
Siemens subsidiary, Lincas Export Services GmbH, to purchase equipment for its
Voronezh-II tyre factory.

According to the agreement, Lincas will supply equipment from 20 leading
European producers, including Harburg Freudenberger Maschinenbau GmbH (Germany),
VMI (Holland) and Comerio Ercole (Italy) and Troester (Germany). The deal
includes a wide range of equipment, from rubber mixing to final tyre production,
assuring 100% quality control.

"We are very happy to announce this agreement which will make Voronezh-II the
most advanced tyre production in Russia, superior to many Western producers, and
making our products more competitive to our international rivals," said Victor
Tuluk, General Director of Amtel-Chernozemye.

Within the next several years Amtel-Vredestein will invest over $124 million
into Amtel-Chernozemye. The first delivery of equipment is planned for September
2006, while production is scheduled to start as early as July 2007.  By 2008
Voronezh-II will produce up to 2.5 million tyres a year.

For further information, please visit www.amtel-vredestein.com or contact:

Rose Creative Strategies, Moscow                           Amtel-Vredestein N.V.

Galina Savina                                                          John Rose

+7-495-783-7303                                                  +7-495-981-9818

amtel@rose.ru                                                 rose@amteltyre.com


                                                              Alexandra Galimova 

                                                                 +7-495-981-9818

                                                alexandra.galimova@amteltyre.com

Amtel-Vredestein N.V, is the twelfth largest global tyre manufacturer in terms
of worldwide sales. The Company sells passenger car tyres under the VREDESTEIN
(including VREDESTEIN by Giugiaro Design), AMTEL and MALOYA brands manufactured
at its facilities in Enschede, Netherlands; Kirov and Voronezh, Russia.

Lincas Export Services GmbH is a German company and a 100% subsidiary of SIEMENS
AG. First founded in 1912, Lincas has been specialized as a service provider for
exports, logistics and financial services, warehousing and consulting for more
than 40 years. For investment projects outside of Germany, Lincas pools together
the necessary components from various suppliers, coordinates the project
logistics and develops financing options including Export Credit Agency (ECA)
cover.

FORWARD-LOOKING STATEMENTS. This press release may contain forward-looking
statements regarding future events or the future financial performance of Amtel-
Vredestein, N.V.  These statements are not guarantees of future performance,
which is subject to risks, uncertainties and assumptions that cannot be
predicted with certainty. Accordingly, actual outcomes and results may differ
materially from those expressed in the forward-looking statements.  Amtel-
Vredestein, N.V. does not intend to update these statements to reflect actual
results.

                      This information is provided by RNS
            The company news service from the London Stock Exchange

END

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