Wessanen certificates to be converted to ordinary shares

Utrecht, April 21, 2006
The Executive Board of Royal Wessanen nv announces that preceding the Annual General Meeting of Shareholders, held on April 20, 2006, the meeting of holders of certificates has approved the discontinuation of administration of share certificates. As a result of this decision, all Wessanen certificates will be converted to ordinary shares. The subsequent Shareholders’ Meeting granted the increase in dividend to EUR 0.65 per share and approved the appointment of two new Board members.

Abolishment of certification As a final step in the alignment of Wessanen’s corporate governance with the Dutch Corporate Governance Code (‘Tabaksblat Code’), Wessanen shareholders today approved the proposal to grant unlimited proxy voting at all times. As a result of this decision, share certificates will be eliminated and as such the protective character of the ‘Stichting Administratiekantoor van Aandelen Wessanen’ (Trust) abolished. From now on, only ordinary shares Royal Wessanen will be traded on the stock exchange of Euronext Amsterdam. The activities of the Trust will shortly be discontinued.

New Board members appointed The Meeting approved the appointment of Mrs M.C. (Marie-Christine) Lombard as Member of the Supervisory Board as well as the appointment of Mr H. (Han) Wagter as Chief Financial Officer and Member of the Executive Board of Royal Wessanen nv.

Dividend EUR 0.65 per share Finally the AGM approved payment of dividend of EUR 0.65 per share, compared to EUR 0.58 per share as paid year-on-year since 1993. The pay-out equals an amount of EUR 47.2 million. Taking into account the interim dividend of EUR 0.20 per share paid out in September 2005, the total distribution to be paid out on May 4, 2006, amounts to EUR 0.45 per share.

Executive Board Royal Wessanen nv

For more information, please contact Corporate Communications; phone + 31 (0)30 29 88 831; e-mail corporate.communications@wessanen.com
060421_AGM_decisions_NL.pdf (121 Kb)
060421_AGM_decisions_ENG.pdf (116 Kb)

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