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KBC Group NV – ‘F-6EF’ on 10/15/08 – EX-4

On:  Wednesday, 10/15/08, at 1:33pm ET   ·   Effective:  10/15/08   ·   Accession #:  1019155-8-408   ·   File #:  333-154282

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  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

10/15/08  KBC Group NV                      F-6EF      10/15/08    4:76K                                    Emmet Marvin & Mart… LLP

Registration of Depositary Shares Evidenced by American Depositary Receipts (Effective Immediately)   —   Form F-6
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: F-6EF       Form F-6                                            HTML     21K 
 2: EX-1        Form of Receipt                                     HTML     38K 
 3: EX-4        Opinion of Depositary's Counsel                     HTML     11K 
 4: EX-5        Rule 466 Certification                              HTML      6K 


EX-4   —   Opinion of Depositary’s Counsel


This exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



  unsp.op.lt  

EXHIBIT 4





Writer’s Direct Dial

EMMET, MARVIN & MARTIN, LLP

COUNSELLORS AT LAW

_____

120 Broadway

New York, New York 10271

_____

(212) 238-3000

(212) 653-1760

_____

Fax: (212) 238-3100

Fax: (212) 653-1730

http://www.emmetmarvin.com

177 MADISON AVENUE

MORRISTOWN, NEW JERSEY 07960

(973) 538-5600

FAX: (973) 538-6448

 

1351 WASHINGTON BOULEVARD

STAMFORD, CONNECTICUT 06902-4543

(203) 425-1400

FAX: (203) 425-1410


October 15, 2008


The Bank of New York Mellon

  as Depositary

101 Barclay Street

New York, New York, 10286


Re:

Unsponsored American Depositary Receipts for Common Stock, No Par Value, of KBC Group NV


Ladies and Gentlemen:

We refer to the registration statement to be filed on Form F-6 under the Securities Act of 1933 (the "Registration Statement") by the legal entity created by the agreement for issuance of American Depositary Shares ("ADSs") evidenced by American Depositary Receipts ("ADRs") for common stock, no par value, of KBC Group NV, for which you propose to act as Depositary.

We are of the opinion that the ADSs covered by the Registration Statement, when issued in accordance with the terms of the ADRs, will, when sold, be legally issued and will entitle the holders thereof to the rights specified in the ADRs.

This opinion may be used by you as an exhibit to the Registration Statement.

Very truly yours,

/s/ EMMET, MARVIN & MARTIN, LLP

EMMET, MARVIN & MARTIN, LLP





Dates Referenced Herein

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Filed on / Effective on:10/15/08None on these Dates
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Filing Submission 0001019155-08-000408   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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