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Bilfinger BergerPress Releases 2002

Bilfinger Berger increases dividend to €0.55 per share

April 26, 2002
Bilfinger Berger increases dividend to €0.55 per share

At its meeting on April 25, 2002, the Supervisory Board of Bilfinger Berger AG adopted the financial statements for the 2001 financial year.

A proposal will be made to the Annual General Meeting on June 6, 2002 in Mannheim that the dividend payout be increased to €0.55 per share (compared with €0.41 the previous year) on the qualifying equity capital of €108,917,253.

The consolidated earnings rose by 21% to €52 million over the last financial year (compared with €43 million the previous year). Following a dividend payout of €20 million by Bilfinger Berger AG, the Group retained €32 million to add to its reserves.

Further items on the agenda for the Annual General Meeting include a new stock-option plan for Members of the Executive Board and senior management of the Group and new share buyback powers.