COUNCIL OF

THE EUROPEAN UNION EN

Brussels, 10 March 2011
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PRESSE 56

Libya: EU extends restrictive measures to key financial entities

The Council of the European Union decided today to extend restrictive measures to five
key financial entities, and to add one additional name to the list of individuals already
subject to restrictive measures, in response to the gravity of the situation in Libya.

The funds and economic resources of the five designated entities will be frozen and an
additional name will be added to the list of 26 individuals deemed responsible for the
violent crackdown on the civilian population since 15 February and subject to an assets
freeze.

Today's measures will enter into force as soon as they are published in the Official Journal
of the European Union.

In legislation adopted on 28 February and 2 March 2011, the Council banned the supply to
Libya of arms, ammunition and related material, prohibited trade with Libya in equipment
which might be used for internal repression and imposed a visa ban and an assets freeze on
26 individuals, including Muammar Qadhafi, members of his family and close associates.
These restrictive measures both implemented and went beyond the UN measures.

Today's decisions, i.e.:

– Council Implementing Decision implementing Council Decision 2011/137/CFSP

concerning restrictive measures in view of the situation in Libya, and

– Council Implementing Regulation implementing Article 16(2) of Council

Regulation (EU) No 204/2011 concerning restrictive measures in view of the
situation in Libya

will be published in the Official Journal of the European Union on Friday, 11 March 2011.

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The decision and regulation were adopted by written procedure.

The restrictive measures will be kept under constant review.

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