The Management Board of Impel SA reports that at its meeting of March 18th 2010, it adopted a resolution on recommending the General Meeting of Impel SA to approve the payment of dividend of PLN 1.00 per share - to the shareholders eligible for dividend - i.e. the amount of PLN 12,151,462.00. The amount shall be allocated from the 2009 total net profit of PLN 9,722,166.13. The remaining amount to be paid i.e. PLN 2,429,295.87, shall be drawn from the reserve funds created from retained earnings.

Pursuant to Art. 364.2 of the Polish Code of Commercial Partnerships and Companies, the Company shall not exercise participation rights carried by its own shares.

At its meeting held on May 31st 2010, the Supervisory Board of Impel SA approved the motion filed by the Management Board of Impel SA proposing to pay its shareholders the dividend for 2009.

On June 1st 2010, the Company released a draft resolution of the Ordinary General Meeting of Impel SA regarding allocation of the 2009 profit and payment of dividend, given the following wording:

Acting pursuant to Art. 393 and 395.2 of the Polish Code of Commercial Partnerships and Companies, and Art. 27 of the Company's Articles of Association:

 

Art. 1

The Ordinary General Meeting of the Company hereby allocates the total net profit of PLN 9,722,166.13 generated in 2009 to payment of dividend.

Art. 2

The Ordinary General Meeting of the Company shall pay the dividend of PLN 12,151,462.00 i.e. PLN 1.00 per share to the shareholders eligible for dividend. The amount shall be allocated from the 2009 total net profit. The remaining amount to be paid i.e. PLN 2,429,295.87 shall be drawn from the reserve funds created from retained earnings.

Art. 3

The Ordinary General Meeting of the Company hereby establishes July 15th 2010 as the dividend right date.

Art. 4

The Ordinary General Meeting of the Company hereby establishes July 30th 2010 as the dividend payment date.