Dividend policy

GBL's dividend policy seeks to achieve a sound balance between providing an attractive cash yield to shareholders and achieve sustained growth in the value of its share. It is supported by the cash earnings.

For the financial year 2009, it will be submitted for approval to the GBL Ordinary General Meeting of 13 April 2010 the dividend distribution amounting to EUR 390 million. On this basis, the gross dividend per share is equal to EUR 2.42 (net dividend per share EUR 1.815 - net dividend per share plus VVPR strip EUR 2.057).