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Heidelberg Holds Annual General Meeting

Press release from the issuing company

07/26/2007 -- Today around 1,500 shareholders participated in the Annual General Meeting of Heidelberg for financial year 2006/2007, which was held at the Congress Center Rosengarten in Mannheim. Approximately 63 percent of Heidelberg's share capital was represented at the event.
The Management Board discussed the company's strategy and the Balance Sheet for the past financial year (April 1, 2006 through March 31, 2007), which saw the Heidelberg Group significantly increase its net profit on the previous year to 263 million Euro.
Approval from the company's shareholders was needed for six of the seven items on the AGM's agenda. One of the most important of these was the appropriation of the retained earnings and the associated distribution of a dividend of 0.95 Euro per participating share. Shareholders also voted on a further five resolutions.
The Supervisory Board's proposal to appoint Dr. Siegfried Jaschinski to the Supervisory Board until the Annual General Meeting of 2008 was approved. Dr. Siegfried Jaschinski was officially appointed as successor to Professor Clemens Börsig on the Heidelberg Supervisory Board on April 4 of this year.
The regular elections for all shareholder representatives are to be held at the Annual General Meeting in 2008. Dr. Siegfried Jaschinski is also earmarked as one of the new shareholder representatives for 2008