Core Lab adjusts exchange rate on 0.25% senior exchangeables due 2011

By Marisa Wong

Milwaukee, Oct. 21 - Core Laboratories NV announced that the exchange rate on its 0.25% senior exchangeable notes due 2011 was adjusted to 10.8012 shares per $1,000 following a dividend payment.

The change is effective on Oct. 26.

Core paid a quarterly cash dividend of $0.10 per share and a special cash dividend of $0.75 per share on Aug. 24.

Core is an Amsterdam-based provider of data and services to the oil industry.

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