EANS-News: Polytec Holding AG / Annual General Meeting acknowledges Results 2008 - No dividend payment for 2008

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Hörsching (euro adhoc) - At their Annual General Meeting the shareholders of
POLYTEC Holding AG have just acknowledged the Annual Results for the 2008
business year. These results had been published on 24 June 2009 and were again
presented in detail by the Managing Board today. According to a proposal from
the Managing Board, the company will not pay a dividend due to the massive
reduction in results and the difficult situation of the automotive supply
industry as well as the general economic and financial crisis. Both the Managing
and the Supervisory Board were unanimously granted discharge for the 2008
business period.

No resolution was passed on item no. 7 of the agenda, "Election to the
Supervisory Board", which had been added to the agenda after its original
publication. This was due to the Managing Board´s withdrawing its proposal, as
the underlying restructuring contracts have not yet come into force.

Further inquiry note:
Manuel TAVERNE
POLYTEC GROUP
Investor Relations
Tel.+43(0)7221/701-292
[email protected]

end of announcement euro adhoc
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emitter: Polytec Holding AG
Linzer Straße 50
A-4063 Hörsching
phone: +43 (0) 7221 / 701-0
FAX: +43 (0) 7221 / 701-0
mail: [email protected]
WWW: www.polytec-group.com
sector: Industrial Components
ISIN: AT0000A00XX9
indexes: ATX Prime
stockmarkets: official market: Wien
language: English

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