Payment of dividend

The Board of Directors’ proposal for the distribution of profit

According to the financial statements for the year to December 31, 2009, the parent company's distributable funds amount to EUR 130,537,792.12, of which the profit for the financial year is EUR 6,617,173.40.

The Board of Directors proposes to the Annual General Meeting that the distributable funds be used as follows:

 - A dividend of EUR 0.65 per share be paid, totaling  

 EUR 11,835,989.10

 - To be retained in shareholders’ equity 

 EUR 118,701,803.02

 Total

 EUR 130,537,792.12

No material changes have occurred in the company’s financial situation since the end of the financial year. The company’s liquidity remains good and, in the view of the Board, is not threatened by the proposed profit distribution.

The record date for dividend payment has been set at March 30, 2010, and it is proposed that the dividend be paid on April 8, 2010.