SnowWorld N.V.

Notice of Dividend Amount • Jul 14, 2011

P R E S S R E L E A S E

Lelystad, the Netherlands, 13 July 2011

Fornix announces interim dividend July 2011

• Interim-dividend in July out of the freely distributable reserves has today been established at EUR 0.91 per share
• Ex dividend listing on 15 July; declaration of dividend on 26 July

Fornix BioSciences N.V. (NYSE Euronext: AFORBI) announces that the interim cash dividend in July has been established at EUR 0.91 per ordinary share with a nominal value of EUR 0.15.

As thoroughly discussed during the Extraordinary General Meeting of Shareholders (EGM) held on 30 March 2011, Fornix is considering distributing part of its freely distributable reserves as "extra dividend". During the aforementioned EGM shareholders expressed the explicit desire to have the distribution of this extra dividend included as a voting item on the agenda of the Annual General Meeting of shareholders (AGM) which was held on 13 May 2011 (included as agenda item 5). In accordance with the articles of association, a distribution of interim dividend can take place pursuant to a proposal of the Management Board that has been approved by the Supervisory Board.

In its press release dated 13 May 2011, Fornix indicated in explanation of this agenda item that, in view of a possible distribution of the "extra dividend", the ongoing obligations and reserves to be maintained in order to meet contingent liabilities arising out of warranties and indemnities provided, related to several agreements, have to be taken into consideration. During the AGM of 13 May 2011 the shareholders, with respect to agenda item 5, have approved the proposed resolution of the Management Board and the Supervisory Board to distribute in July 2011 an interim dividend of EUR 0.91 per share out of the freely distributable reserves, on the condition that no claim has been made under the warranties and indemnities. The decision to pay this interim dividend has now been taken because no claims have been made with regard to a certain part of the representations and warranties prior to a specific date - which in the meantime has lapsed - in July and the Supervisory Board and the Management Board of Fornix consider it to be prudent to pay this interim dividend, also taking into account the remaining potential liabilities arising out of outstanding warranties and indemnities.

The following schedule applies to the payment of this interim dividend on the ordinary shares:

13 July 2011	establishing the interim dividend
15 July 2011	ex-dividend listing
19 July 2011	record date for dividend entitlement
26 July 2011	declaration of dividend

Holders of ordinary shares will receive the interim dividend in cash, less 15% dividend tax, through the intermediary of the organisations affiliated with Euroclear Nederland, where the ordinary shares concerned are administered on the registration date, at their expense and after close of business. The dividend will be paid by Kempen & Co N.V. in Amsterdam.

During the AGM on 13 May 2011 it was also announced that the current members of the Supervisory Board will resign and that an EGM will be convened in order to appoint new members of the Supervisory Board. It is currently anticipated that this EGM can be held in September.

E N D O F P R E S S R E L E A S E

For additional information: Fornix BioSciences N.V.

C.L. Bergman, CEO Tel (0320) 26 77 99 http://www.fornix.nl