The Phoenix Holdings Ltd.

Transaction in Own Shares • Jul 16, 2009

For Immediate Release

Liberty Acquisition Holdings (International) Company Announces the Acquisition by Certain of its Affiliates of 2,000,000 of its Ordinary Shares

Amsterdam, 15 July 2009. Liberty Acquisition Holdings (International) Company (Euronext: LIAC) (the "Company") today announced that two of its Directors, Nicolas Berggruen and Martin Franklin, have each notified the Company that each of them or entities they control purchased 1,000,000 of the Company's ordinary shares at approximately €9.98 per share. The sellers of such ordinary shares have agreed to vote in favor of all of the Company's proposals at the upcoming extraordinary general meeting ("EGM") of the Company's shareholders, scheduled for 24 July 2009. Information about the EGM, including a copy of the Proxy Statement and Consent Solicitation Statement for the EGM and the related transactions, is available on the Company's website at www.libertyacquisitionholdingsinternational.com.

The Proxy Statement and Consent Solicitation Statement provide further details on the proposals which will be considered and acted upon at the EGM, a proposed acquisition by the Company and the consent solicitation of warrant holders for an amendment to certain terms of the Company's outstanding warrants.

Liberty Acquisition Holdings (International) Company

Liberty Acquisition Holdings (International) Company is a company created to acquire businesses with principal operations outside North America through a merger, capital stock exchange, share purchase, asset acquisition, reorganization or similar transaction.