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Corio announces conversion rate stock dividend

May 29, 2013 - London

In the press release of 18 April 2013 and the announcement regarding 'Announcement in connection with dividend for the financial year 2012' on Corio's website, shareholders were given the option to receive their dividend of € 2.76 per share for the financial year 2012 entirely in cash, less 15% dividend tax, or entirely in shares charged to the share premium reserve, with the restriction that due to the fiscal payment obligation a maximum of 50% of the total dividend can be paid in shares.

The Management Board announces that shareholders wish to receive a distribution in shares for 28.5% of the total dividend.

The volume weighted average price of 20 May 2013 up to and including 29 May 2013 was € 35.86. The number of dividend rights giving entitlement to one Corio N.V. share has on 29 May 2013 (after market) been set at 12.99 (or at the choice of the banks or stockbroker where a shareholder holds its shares 1,299 dividend rights gives entitlement to 100 shares). Payment of stock dividend is only made in whole shares; fractions of shares are settled in cash at the opening price of 30 May 2013.

Payment of the dividend in cash and transfer of the shares will take place on 3 June 2013 exclusively on the basis of the dividend entitlement.

In this context a total of approximately 2,109,255 shares will be issued, charged to the share premium reserve. When the request is submitted for the shares issued for the stock dividend to be admitted to trading on Euronext Amsterdam, use will be made of the exemption from the obligation to publish a prospectus based on Section 5:4(e) of the Dutch Financial Supervision Act (Wet op het financieel toezicht).

Paying Agent: ABN AMRO Bank N.V., tel.+31 20 344 2000.

Press release

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Corio NV via Thomson Reuters ONE



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