Lernout & Hauspie Securities Litigation Website

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This official website is maintained by the Claims Administrator retained by and under the supervision of Lead Counsel for the Class.

This website serves as an informational hub for the KPMG Settlement and the Directors and FLV Settlement of the securities class action, In re Lernout & Hauspie Securities Litigation, Civil Action No. 00-CV-11589 (PBS) and additionally for a third, related settlement in Quaak, et al. v. Dexia, S.A., et al., Civil Action No.: 03-CV-11566 (PBS), pending in the United States District Court for the District of Massachusetts. As set forth in detail in the:

NOTICE OF PROPOSED SETTLEMENT OF CLASS ACTION WITH KPMG LLP, KLYNVELD PEAT MARWICK GOERDELER BEDRIJFSREVISOREN AND PAUL BEHETS, SETTLEMENT FAIRNESS HEARING AND MOTION FOR ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES,

and

NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED PARTIAL SETTLEMENT OF CLASS ACTION WITH CERTAIN OFFICER AND DIRECTOR DEFENDANTS AND FLANDERS LANGUAGE VALLEY FUND C.V.A., SETTLEMENT FAIRNESS HEARING AND MOTION FOR ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES,

and

NOTICE OF PENDENCY OF CLASS ACTION, PROPOSED SETTLEMENT OF CLASS ACTION WITH DEXIA BANK BELGIUM, SETTLEMENT FAIRNESS HEARING AND MOTION FOR ATTORNEYS' FEES AND REIMBURSEMENT OF LITIGATION EXPENSES

(the"Notices"), Lead Plaintiffs and certain defendants have reached settlements in this Litigation. The KPMG Settlement and the Directors and FLV Settlements affect all persons or entities who purchased the common stock of Lernout & Hauspie Speech Products N.V. ("L&H") on the NASDAQ Stock Market or purchased L&H call options or sold L&H put options on any United States-based options exchange between April 28, 1998, and November 9, 2000, inclusive (the "Class Period") and who were damaged thereby (the "Class"). These Settlements will provide an aggregate Gross Settlement Fund of $120,520,000, in cash, plus interest. The Dexia Settlement affects all persons or entities who purchased the common stock of Lernout & Hauspie Speech Products N.V. ("L&H") on the NASDAQ Stock Market or purchased L&H call options or sold L&H put options on any United States-based options exchange between August 19, 1998, and November 9, 2000, inclusive (the "Class Period") and who were damaged thereby (the "Class"). The Dexia Settlement will provide an aggregate Gross Settlement Fund of $60,000,000, in cash, plus interest.

IF YOU ARE A MEMBER OF THE CLASS DESCRIBED ABOVE, YOUR RIGHTS WILL BE AFFECTED BY THE SETTLEMENT AND YOU MAY BE ENTITLED TO SHARE IN THE SETTLEMENT FUND.

If you are a Class Member, in order to be eligible to share in the distribution of the Dexia Settlement's Net Settlement Fund, you must submit a Proof of Claim and Release Form for the Dexia Settlement ("Claim Form") postmarked no later than August 21, 2007, establishing that you are entitled to a recovery. Unless you validly exclude yourself from the Class, you will be bound by any judgment entered in the Action whether or not you make a Claim. If you desire to be excluded from the Class for the Dexia Settlement, you must file a request for exclusion so it is received no later than June 12, 2007, in the manner and form explained in the Notice.

If you have already completed a Proof of Claim and Release Form in connection with the KPMG or Directors and FLV Settlements, you do not have to complete sections 7-18 of the Proof of Claim and Release Form for the Dexia Settlement (information concerning your trading in L&H Securities) to be eligible to share in the proceeds of all settlements reached by the Plaintiffs (collectively, the "Settlements"). To be eligible to share in the proceeds of the Dexia Settlement, however, you must complete sections 6, 19 (United States Citizens) or 20 (Non- United States Citizens), 21 and 22 of the Proof of Claim and Release Form for the Dexia Settlement (certain biographical information and a release of Dexia).

Any objection to the proposed Settlement, Plan of Allocation, or application for attorney fees and reimbursement of Litigation Expenses for the Dexia Settlement must be filed with the Court and delivered to counsel for the parties so it is received no later than June 8, 2007, in the manner and form set forth in the Notice.

The Settlement Fairness Hearing for the Dexia Settlement is scheduled for June 22, 2007, at 2:00 p.m., at the John Joseph Moakley United States Courthouse, 1 Courthouse Way, Boston, MA, 02210.

In order to have been eligible to share in the distribution of the KPMG Settlement's Gross Settlement Fund, you were required to submit a Claim Form no later than March 31, 2005, establishing that you are entitled to a recovery. If you did not validly exclude yourself from the class certified in connection with the KPMG Settlement, you will be bound by any judgment entered in the Action whether or not you made a Claim.

In addition, in order to have been eligible to share in the distributions of the Directors and FLV Settlements' Gross Settlement Fund, you were required to submit a Claim Form no later than July 22, 2005, establishing that you are entitled to a recovery. If you did not validly exclude yourself from the class certified in connection with the Directors and FLV Settlements, you will be bound by any judgment entered in the Action whether or not you made a Claim.

If you have not yet received the Notice and Claim Form for the Dexia Settlement, you may obtain copies of these documents by contacting:

In re Lernout & Hauspie Securities Litigation
The Dexia Settlement
c/o A.B. Data, Ltd.
Post Office Box 170500
Milwaukee, WI 53217-8041
(866) 828-2348 or (414) 963-6490

Copies of the Notice and Claim Form may also be downloaded from: bermanesq.com.

Inquiries, other than requests for the Notice and Claim Form, may be made to Lead Counsel: