notification dividend 2007 conversion ratio
Following approval of the 2007 annual accounts by the General Meeting of Shareholders on 23 April 2008, the dividend for the 2007 financial year has been set at EUR 0.32 per ordinary share of EUR 0.25 nominal value.
It was also determined that the 2007 dividend of EUR 0.32 will be payable - at the shareholder's option - fully in ordinary shares against the tax-exempt share premium account or fully in cash (after deduction of 15% withholding tax on dividends).
Today the number of dividend rights of ordinary shares of EUR 0.25 nominal value entitling shareholders to one new ordinary share in Aalberts Industries N.V. of EUR 0.25 nominal value each, has been fixed at 43. Based on the volume weighted average price of all ordinary Aalberts Industries N.V. shares traded on Eurolist by Euronext Amsterdam on 9, 12, 13, 14 and 15 May 2008 of EUR 13.9208, 1/43 portion represents a value of EUR 0.3237, which is virtually equal to the value of the cash dividend.
Payment of dividend and transfer of shares on account of exchange of dividend rights will take place on 20 May 2008, in ordinary shares of EUR 0.25 nominal value, through bank or broker where the shares are held.