Höft & Wessel AG

EANS-News: Hoeft & Wessel AG: Dividend resolution adopted at AGM

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Dividend Announcements/Distribution

Hanover / Germany, 17 June 2010. (euro adhoc) - At the Annual General Meeting of Hoeft & Wessel AG today, a resolution was adopted in favour of paying a dividend for the first time. The shareholders of the German IT and engineering Group listed in the Prime Standard segment of Frankfurt´s Securities Exchange since 2003 will be paid EUR 0.08 per share without par-value. This is equivalent to a dividend yield of 2.1 percent on the share price as at the end of 2009. Since the dividend will be paid in full from the tax deposit account in accordance with Section 27 of the German Corporation Tax Act, the payment will be made without a deduction of capital gains tax and the solidarity surcharge. About one third of the profit generated by the Hoeft & Wessel Group will be distributed. At the Annual General Meeting, the Board of Management emphasised its plans to position Hoeft & Wessel stock as a dividend earner in the next several years.

Speech by CEO at AGM: http://www.hoeft- wessel.com/en/ir/pdf/HV10_address.pdf

Photos within the press kit: http://www.presseportal.de/pm/12945/hoeft_wessel_ag/

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ots Originaltext: Höft & Wessel AG
Im Internet recherchierbar: http://www.presseportal.ch

Further inquiry note:
Dr. Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: af@hoeft-wessel.com

Branche: Technology
ISIN:      DE0006011000
WKN:        601100
Index:    TecDAX, Prime All Share, Technology All Share
Börsen:  Frankfurt / regulated dealing/prime standard
              Berlin / free trade
              Hamburg / free trade
              Stuttgart / free trade
              Düsseldorf / free trade
              Hannover / free trade
              München / free trade

Weitere Meldungen: Höft & Wessel AG

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