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                      |  | EFES NEWSLETTER - 
                            12.12.2005  
   With best regardsTrès 
                        cordialement
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                      |  |     Marc 
                        MathieuSecretary General
 EFES - EUROPEAN 
                        FEDERATION OF EMPLOYEE SHARE OWNERSHIP
 FEAS - 
                        FEDERATION EUROPEENNE DE L'ACTIONNARIAT 
                        SALARIE
 Avenue Voltaire 135, B-1030 
                        Brussels
 Tel/fax: +32 (0)2 242 64 30
 E-mail: efes@efesonline.org
 Web 
                        site: www.efesonline.org
 EFES' 
                        objective is to act as the umbrella organization of 
                        employee owners, companies and all persons, trade 
                        unions, experts, researchers, institutions looking to 
                        promote employee ownership and participation in 
                        Europe.
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