Annual Report 2008

INFORMATION FOR SHAREHOLDERS 2 o o 8 Dear shareholders. Despite the fact that the Company generated a net profit ot SKK 166 (EUR 5.5) per share, the Company's Board ot Directors suggests that the General Meeting keep the funds as the working capital ot the Company. The Company needs to maintain its financial stability to overcome the ditticult ti mes ot the global economic crisis with as little harm as possible. Thank you for your confidence and the trust you have expressed in Železiarne Podbrezová to date. Proposed Distribution of Profit for 2008 (presented at the Annual General Meeting held on 24 June 2009) .. : SKK 396 788 066.91 EUR 13 170 950.90 Distribution: 10%mandatory allotment to reserve fund SKK 39 678 806.69 EUR 13 170 95.09 Payout of dividends to shareholders SKK O EUR O Royalties SKK O EUR O Transfer to retained earning trom prior years SKK 357 109 260.22 EUR 11 853 855.81