Dividend

The dividend policy of Tessenderlo Chemie NV is to maintain stable dividend growth. On average, one-third of the net consolidated profit is paid out as dividends. However, this policy can be adjusted in order to ensure that the dividend grows or at least remains stable.

On 2 June 2009, the Annual General Meeting approved a net dividend for the 2008 financial year of 1.00 EUR (coupon n°72). This corresponds to a gross dividend of 1.3333 EUR. The net dividend for shares with VVPR strips attached will be 1.1333 EUR. The net dividend of 1.00 EUR means an increase of 5.3 % compared to the previous financial year.
The net dividend is payable as of 9th June 2009 either per transfer to registered and dematerialised shares, or against handing-over of the coupon no. 72 for materialised shares (and if necessary from VVPR strips) to Belgian banks and financial institutions.

In accordance with the Belgian Banking, Finance and Insurance Commission circular of July 2003, the financial services in respect of Tessenderlo Chemie shares are provided by the following financial institution: ING Belgium.