Annual General Meeting Decided on Dividend of 1.40 Euro

Heidelberger Druckmaschinen AG (Heidelberg) held its Annual General Meeting today in the Stadthalle Heidelberg.

Nearly 86 percent of Heidelberg's capital stock was represented at the event. The Management Board and shareholders looked back at the past fiscal year during which the company achieved a significant profit despite the difficult economic climate.

Heidelberg shareholders at the Annual General Meeting were invited to vote on six points on the agenda. The resolution to issue a dividend of 1.40 Euro for each individual share entitled to a dividend was passed by almost 100 percent of the shareholders. The dividend will be distributed from tomorrow, September 12, 2002.

Likewise, almost 100 percent of the votes cast passed the resolution regarding the acceptance of the control and profit and loss transfer agreement concluded between Heidelberger Druckmaschinen AG and Heidelberg Boxmeer Beteiligungs-GmbH.

All the other points on the agenda were also passed virtually unanimously.

The Annual General Meeting was attended by around 1300 shareholders of Heidelberger Druckmaschinen AG.

For further information:
Heidelberger Druckmaschinen AG
Corporate Communications
Christiane Creutzberg
Tel.: +49 (0)6221 92 50 84
Fax: +49 (0)6221 92 50 58
E-mail: christiane.creutzberg@heidelberg.com