IGI Western Asset Investment Grade Defined Opportunity Trust Inc

Oce N.V. announced today the completion of its acquisition of Imagistics International Inc. (NYSE:IGI). The acquisition of Imagistics was commenced by a cash tender offer by Oce's wholly-owned subsidiary Orange Merger Corp. to purchase all of the outstanding shares of common stock (including the associated Series A Junior Participating Preferred Stock purchase rights) of Imagistics, at a price of $42.00 per share, net to the seller in cash. As previously announced, the initial tender offer period expired at midnight on October 18, 2005, and the subsequent offering period expired at 5:00 p.m., New York City time, on October 28, 2005. The acquisition was completed on October 31, 2005 through Orange Merger Corp.'s exercise of an option, granted in the merger agreement, to purchase newly issued shares from Imagistics that, when added to the number of shares owned by Orange Merger Corp., represented over 90% of Imagistics' issued and outstanding common stock. Orange Merger Corp. was then merged with and into Imagistics. All outstanding shares of Imagistics' common stock not purchased by Orange Merger Corp. in the tender offer (except for any shares for which appraisal rights under applicable law have been properly exercised) were converted into the right to receive $42.00 per share, net to the seller in cash. As a result of the merger, Imagistics's shares will no longer be listed on the New York Stock Exchange.