Palmboomen Cultuur Maatschappij Mopoli (Palmeraies De Mopoli) N.V.

Management Reports • Jun 12, 2012

PALMBOOMEN CUIJTUUR MAATSCHAPPJJ - MOPOLI N.y.

INTERIM MANAGEMENT STATEMENT

(Period from 01/07/2011 to 31/03/2012)

During the period, the profit amount ⁶¹¹ thousand EUR (including interim dividend of Sodin).

Financial incomes have increased (300 thousand EUR compared to 279 thousand for the previous accounting year) due to the increase of the short term interest rate.

The Extraordinary General Meeting hold on the 10th June ²⁰⁰⁸ authorized the company to buy back its own shares pursuan^t article 2:98 of the Dutch Civil code. At 31 March 2012, 5.432 ordinary shares and 204 Founder's shares have been buy back by Mopoll.

Mopoli expects ^a re-evaluation of its available for sales instruments with ^a net positive impact of 0,2 million EUR on the consolidated equity. Final evaluation will be done at market price at the closing date,

The managemen^t do not foresee any specific or noted any now uncertainties that the company should have to face for the end of the current financial year.

The Directors,

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