Date: 2 November 2007
Release: Before opening of Euronext Amsterdam and Euronext Paris
Stock dividend
Eurocommercial Properties N.V. is once again offering holders of
depositary receipts (representing 10 ordinary shares) the choice of a
cash dividend or a stock dividend. Today the Company announced that
the percentage of the scrip issue will be 3.85%. This means that
those who take new depositary receipts from the share premium
reserve, instead of the proposed cash dividend of ¤ 1.67 per
depositary receipt, will receive 1 (one) new depositary receipt, for
each 26 (twenty six) depositary receipts held. These new depositary
receipts will rank pari passu with pre-existing depositary receipts
in respect of the financial year 2007/2008. Investors have until 22
November 2007 inclusive to make their choice known. If notification
is not received by that date a cash dividend only will be payable.
The new depositary receipts will be issued on 30 November 2007. The
distribution proposal will be tabled in the Annual General Meeting of
Shareholders to be held on 6 November 2007.
For additional information please contact:
Jeremy Lewis Chief Executive +44 20 7925
7860
Evert Jan van Garderen Finance Director +31 20 530 6030
Peter Mills Director, Sweden & The +44 20 7925
Netherlands 7860
Tom Newton Director, France +44 20 7925
7860
Tim Santini Director, Italy +44 20 7925
7860
Kate Spiro Director Investor Relations +44 20 7925
7860
Website: www.eurocommercialproperties.com
