Agfa Comments on the Insolvency Filing of AgfaPhoto GmbH

Mortsel/Belgium--May 27, 2005--Agfa-Gevaert announced today that it was informed of the insolvency filing by AgfaPhoto GmbH. Management does not expect the insolvency filing by AgfaPhoto to have a material effect on Agfa-Gevaert.

Effective November 2, 2004, Agfa-Gevaert sold its consumer imaging business to a group of investors in a management buy out/in. Since then the consumer imaging business has been operated through a group of companies under the name of AgfaPhoto. The AgfaPhoto group is a private group of companies.