Hamburger Hafen und Logistik AG

Earnings Release • Jun 16, 2011

News Details

Corporate | 16 June 2011 15:35

Hamburger Hafen und Logistik AG: AGM APPROVES INCREASE IN DIVIDEND

Hamburger Hafen und Logistik AG / Key word(s): AGM/EGM

16.06.2011 / 15:35

At this year's Annual General Meeting of Hamburger Hafen und Logistik AG
(HHLA) at the CCH Congress Center Hamburg, the shareholders approved an
increase in dividend for the financial year 2010. Those attending
represented 82.1 percent of share capital.

Hamburg, 16 June 2011. Some 1000 shareholders attended the Annual General
Meeting of Hamburger Hafen und Logistik AG (HHLA) at the CCH Congress
Center Hamburg on 16 June 2011. This represents an attendance of 82.1
percent of the share capital (78.2 percent in previous year).

The recommendation of the Executive and Supervisory Boards to distribute a
result-based dividend of 0.55 euros per qualifying Class A Share for the
Port Logistics subgroup, was approved by the shareholders attending. This
means that HHLA will be distributing a total of 38.5 million euros
(28 million euros in the previous year), representing an increase of 37.5
percent compared to the previous year and a ratio of 55.1 percent of the
profit after tax and minority interests in the Port Logistics subgroup. The
AGM also followed the recommendation to distribute 1.20 euros per Class S
Share for the Real Estate subgroup. This involves a total of 3.2 million
euros.

'The 2010 financial year ran very successfully for Hamburger Hafen und
Logistik AG. An above average volume increase led to a considerable
improvement in results. With the increase in dividend our shareholders
participate in this development,' said HHLA Executive Board Chairman,
Klaus-Dieter Peters.

The AGM passed the further resolutions from the Supervisory and Executive
Boards with majorities exceeding 90 percent. Newly elected to the
Supervisory Board is Michael Pirschel, department head in the Hamburg
Ministry for Economics, Transport and Innovation.

Photos of the Annual General Meeting can be downloaded from the Press &
Media rubric of HHLA's home page under 'Picture Gallery':
http://hhla.de/Latest.620.0.html?&no_cache=1&L=1.

About HHLA
Hamburger Hafen und Logistik AG (HHLA) is a leading port logistics group in
Europe. With its Container, Intermodal and Logistics segments, HHLA is
positioned vertically along the transport chain. Efficient container
terminals, high-capacity transport systems and a full range of logistics
services form a complete network between the overseas port and its European
hinterland.

End of Corporate News

---

16.06.2011 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---

Language: English
Company: Hamburger Hafen und Logistik AG
Bei St. Annen 1
20457 Hamburg
Deutschland
Phone: +49 (0)40-3088-1
Fax: +49 (0)40-3088-3355
E-mail: info@hhla.de
Internet: www.hhla.de
ISIN: DE000A0S8488
WKN: A0S848
Listed: Regulierter Markt in Frankfurt, Hamburg; Freiverkehr in
Berlin, Düsseldorf, Hannover, München, Stuttgart

End of News DGAP News-Service

128838 16.06.2011