DIVIDEND

At the Annual General Meeting on 16 June 2011 it was resolved to pay a dividend of € 0.55 per listed Class A share (subgroup Port Logistics) and € 1.20 per Class S share (subgroup Real Estate). 

HHLA’s appropriation of profit is thus once again oriented towards both the development of results in the financial year ended and the continuation of its dividend policy.

1  In relation to the earnings per Class a share

Information regarding payment of dividend

HHLA transferred the dividend regarding the Class A share to shareholders' accounts at the depositary banks on 17 June 2011 via Clearstream Banking AG, Frankfurt; after deduction of 25 % capital gains tax and 5.5 % of the amount of capital gains tax as a solidarity surcharge (26.375 %) and possibly church tax. The payout was been made by Commerzbank AG, Frankfurt.

If shareholders have submitted a certificate of non-assessment issued by their local tax office to their depositary bank, the dividend will be paid out without any deduction for capital gains tax and the solidarity surcharge and possibly church tax . The same applies in full or in part to shareholders who have submitted a withholding exemption certificate to their depositary bank, as long as the exemption amount stipulated on the form has not already been exhausted by other capital gains.

In the case of non-German shareholders, the investment income tax withheld, incl. solidarity charge, can be lowered in accordance with the terms of existing agreements on the avoidance of double taxation between the Federal Republic of Germany and other countries. Applications for refunds of the reduction amount must be addressed to the Central Office of Taxes (Bundeszentralamt für Steuern), Bonn.