SIPEF

AGM Information • Jun 18, 2012

Press release Regulated Information

ANNUAL AND EXTRAORDINARY GENERAL MEETINGS OF 13 JUNE 2012

General meeting reappoints Baron Bertrand and Jacques Delen, and approves gross dividend of 1.70 euro per share.

The general meeting of SIPEF took place today.

The shareholders approved the proposal to distribute a gross dividend of 1.70 euro per share.

After deduction of the withholding tax, the net dividend amounts to 1.2750 euro per share. Shareholders who benefit from reduced withholding tax (VVPR shares) are entitled to a net dividend of 1.343 euro per share.

The shares will be traded ex-coupon on 29 June, 2012 The dividend will be payable from 4 July, 2012.

In addition, the shareholders approved the renewal of the mandates of Baron Bertrand and Jacques Delen for a period of 4 years.

All relevant information regarding the annual and extraordinary general meetings, including the minutes, are available on:

http://www.sipef.be/meeting.html.

Financial calendar

4 July, 2012	Payment of dividend
17 August, 2012	Half year results 2012
25 October, 2012	Quarterly update Q3 2012
21 February, 2013	Annual results 2012

Schoten, 13 June, 2012.

For more information, please contact:

* F. Van Hoydonck, managing director (mobile +32/478.92.92.82)

* J. Nelis, chief financial officer

Tel.: 0032/3.641.97.00 Fax : 0032/3.646.57.05

mail to : finance@sipef.com website www.sipef.com (section "investor relations")

SIPEF is a Belgian agro-industrial company listed on NYSE Euronext Brussels. The company mainly holds majority stakes in tropical businesses, which it manages and operates. The group is geographically diversified, and produces a number of different commodities, principally palm oil. Its investments are largely ventures in developing countries.