Wuppertal, 23 August 2007 – Today’s Annual General Meeting of the Prime Standard-listed holding company GESCO AG resolved a dividend increase of 20 % to EUR 1.50 per share (previous year: EUR 1.25 per share) for financial year 2006/2007 (1 April 2006 – 31 March 2007). This is the highest distribution in the history of the company.

Board members Dr. Hans-Gert Mayrose and Robert Spartmann gave an account of the third record year in a row in front of around 450 shareholders and guests in Wuppertal’s historic town hall. At the same time, they appeared to be optimistic about the new financial year 2007/2008 and explained the substantial upgrades in projections for the full year made in August 2007. In addition, the Executive Board introduced the subsidiary VWH Vorrichtungs- und Werkzeugbau Herschbach GmbH acquired in April 2007.

The approval of the share buy-back and the creation of new authorised capital were on the agenda in addition to the usual strategy proposals.

A vote was held on all items on the agenda for the purpose of administration.