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Progress-Werk Oberkirch AG Industriestraße 8 77704 Oberkirch, Germany http://www.progress-werk.de
Contact Mr Bernd Bartmann +49 7802 84347

PWO agrees dividend proposal for the Annual General Meeting

EUR 0.55 per share (prev. year: EUR 1.30) due to the negative profit development from the current slump in the international automobile markets

(PresseBox) (Oberkirch, )
The Board of Management and Supervisory Board of Progress-Werk Oberkirch AG have decided on a dividend proposal in the meeting for the adoption of the financial statements. A dividend per share of EUR 0.55 will be proposed for the 2008 financial year at the Annual General Meeting on May 26, 2009, after EUR 1.30 was distributed for the 2007 financial year.

With this proposal, the Board of Management and Supervisory Board are both reacting to the downturn in the international automobile markets and continuing the company strategy of positioning the PWO share on the capital market as an investment offering adzpvkdjel pddbxp.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.