Dividend

Fielmann Aktiengesellschaft has always pursued a shareholder-friendly dividend policy, and will continue to do so in future.

The company’s strong balance sheet and its substantial cash flow allow us to increase the dividend for the year 2007 sharply. At the Annual General Meeting on 10 July 2008, the Management Board and Supervisory Board will propose a dividend of €1.40 per share, which is an increase of 16.7 per cent, representing a total of €58.8 million available for distribution.