REPOWER

Appropriation of retained earnings

Appropriation of retained earnings

The Board of Directors proposes the following appropriation of retained earnings to the Annual General Meeting:

The Board of Directors proposes the following appropriation of retained earnings to the Annual General Meeting:
Profit for 2011 CHF 15,145,070
Retained earnings carried forward1) CHF 37,354,537
Unappropriated retained earnings CHF 52,499,607
     
Dividend on share capital of CHF 2.8 million CHF -13,915,575
Dividend on participation capital of CHF 0.6 million CHF -3,125,000
Allocation to other reserves CHF -25,000,000
Balance carried forward CHF 10,459,032
     
Dividend per share/participation certificate, gross CHF 5.00
./. 35% withholding tax CHF -1.75
Net payment CHF 3.25
1) No dividend was paid on the 12,156 shares and 4,107 participation certificates held by Repower AG on the payout date, thereby increasing retained earnings forward by CHF 130,104.

Subject to the approval of the Annual General Meeting, the dividend will be paid starting on 16 May 2012 on presentation of coupon No. 9 for a share with a par value of CHF 1.00 or coupon No. 9 for a participation certificate with a par value of CHF 1.00.


Poschiavo, 26 March 2012

For the Board of Directors:

Dr Eduard Rikli

Chairman of the Board of Directors