EANS-News: Hoeft & Wessel AG: Dividend resolution adopted at AGM

Hanover / Germany, 17 June 2010. (euro adhoc) -

Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement.

At the Annual General Meeting of
Hoeft & Wessel AG today, a resolution was adopted in favour of paying a dividend for the first time. The shareholders of the German IT and engineering Group listed in the Prime Standard segment of Frankfurt´s Securities Exchange since 2003 will be paid EUR 0.08 per share without par-value. This is equivalent to a dividend yield of 2.1 percent on the share price as at the end of 2009. Since the dividend will be paid in full from the tax deposit account in accordance with Section 27 of the German Corporation Tax Act, the payment will be made without a deduction of capital gains tax and the solidarity surcharge. About one third of the profit generated by the Hoeft
& Wessel Group will be distributed. At the Annual General Meeting, the Board of Management emphasised its plans to position Hoeft & Wessel stock as a dividend earner in the next several years.

Speech by CEO at AGM: http://www.hoeft-wessel.com/en/ir/pdf/HV10_address.pdf

Photos within the press kit:

end of announcement euro adhoc

issuer: Höft & Wessel AG
Rotenburger Str. 20
D-30659 Hannover
phone: +49-511-6102-0
FAX: +49-511-6102-411
mail: ir@hoeft-wessel.com
WWW: http://www.hoeft-wessel.com
sector: Technology
ISIN: DE0006011000
indexes: TecDAX, Prime All Share, Technology All Share stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin, Hamburg, Stuttgart, Düsseldorf, Hannover, München language: English

Rückfragen & Kontakt:

Dr. Arnd Fritzemeier
Tel.: +49-511-6102-300
E-Mail: af@hoeft-wessel.com