Burgenland Holding AG

Notice of Dividend Amount • Mar 9, 2011

News Details

Ad-hoc | 9 March 2011 18:11

Burgenland Holding AG: BEWAG’s dividend reduction for the 2009/10 business year has negative impact on result of Burgenland Holding AG for current business year

Burgenland Holding AG / Key word(s): Dividend

09.03.2011 18:11

Dissemination of an Ad hoc announcement, transmitted by DGAP - a company of
EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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In today's meeting of the supervisory board, BEWAG's management board
recommended to the company a dividend payout for the 2009/10 business year
at half the level of the previous year (2008/09: EUR 11.0 m, 2009/10: EUR
5.5 m), and BEWAG's supervisory board followed that recommendation. For
this reason, the investment income, and thus the profit for the first six
months as well as for the year for 2010/11, of Burgenland Holding AG, which
holds a 49% stake in BEWAG, will be markedly below last year's levels.
Burgenland Holding AG's performance is determined essentially by the
dividends it receives from BEWAG and BEGAS. The recommended dividend of the
associated company BEGAS for 2009/10 will remain unchanged from last year.

Burgenland Holding AG recommends to AGM dividend of EUR 2.15 for 2009/10,
unchanged from previous year

For the past 2009/10 business year, the management board of Burgenland
Holding recommends to the AGM distributing to shareholders a dividend of
EUR 2.15 per share, viz. unchanged from the previous year.

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Language: English
Company: Burgenland Holding AG
Marktstraße 3
7000 Eisenstadt
Österreich
Phone: +43 2236 200 24186
Fax: +43 2236 200 84703
E-mail: info@buho.at
Internet: www.buho.at
ISIN: AT0000640552
WKN: 879095
Listed: Freiverkehr in Berlin, Stuttgart; Open Market in Frankfurt;
Wien (Amtlicher Handel / Official Market)

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