Dividend distribution policy

The General meeting of 30 May 2008 voted for distribution of a dividend of 0.40 euros per share, an increase of 14% on last year.  This dividend was paid on 9 June 2008. 

The following dividends have been distributed over the past 4 years:

Financial year

Total dividend

Dividend per share

2003 (1)

2 690 843,40 €

0,84 €

2004 (1)

3 276 809,00 €

1,05 €

2005 (1)

4 107 706,20 €

1,30 €

2006 (2)

4 514 099,00 €

0,35 €

(1): Share with a nominal value of  3.80
(2):  Shares with a current nominal value of 0.95 after the division by four of the share value on 10 July 2006