KLM Chief Financial Officer to Leave

KLM Royal Dutch Airlines today announced that Rob Ruijter has decided to leave as Managing Director and Chief Financial Officer of KLM, as of December 1, 2004. Rob Ruijter has been Managing Director and CFO since he joined KLM in March 2001. He will be appointed as a member of the Executive Board and Chief Financial Officer of VNU nv, a global information and media company.

"Rob Ruijter has made an important contribution to KLM, and in particular in the Air France – KLM merger process. However, following the merger’s successful completion, he indicated that he wishes to pursue his career outside KLM. We respect his decision and are grateful for his support in the recent challenging years", commented Leo van Wijk, President and Chief Executive Officer of KLM.

After Mr. Ruijter’s departure, KLM’s Board will consist of three statutory board members. For Rob Ruijter’s finance and control responsibilities, a successor as non-statutory board member will be appointed. His other responsibilities will be divided among the three remaining board members.

As a successor to Rob Ruijter as one of the four KLM members of the strategic management committee of the Air France – KLM Group, Michael Wisbrun, Executive Vice President of KLM Cargo, will be appointed.