Bertrandt AG pays dividend of Euro 0.15

Wednesday, 16 February 2005

Strategic realignment in 2004 lays foundations for the future The shareholders of Bertrandt AG will be receiving a dividend of Euro 0.15 per dividend-bearing share (security iden-tification no. 523 280 / ISIN DE0005232805) for the 2003/2004 financial year. The acts of management of the Board of Management and the Supervisory Board were ratified for the 2003/2004 financial year at today's Annual General Meeting in Sindelfingen. AGM approves motions on the agenda Dietmar Bichler, Chairman of the Board of Management of Bertrandt AG, stressed that the payment of this year's dividend represented a continuation of the company's policy of distributing profits to its shareholders. Its roughly 400 shareholders also approved the proposal that its remaining unappropriated retained earnings of Euro 2,369,649.26 be carried forward to the next period. Winning market share in high-potential businesses In his speech, Bichler emphasised that Bertrandt's process of strategic and organisational realignment in 2004 had equipped the company well to meet the future demands of the marketplace. He said that the company planned to win market share in its four potential growth businesses of electronics, development services, aviation, and trials & testing. The company was also consolidating its international activities in order to strengthen its earnings over the medium term. Focus on sound finances and stability of the workforce Ralph Jacoby, the executive director responsible for finance and human resources, pointed out that the company had improved key financial performance indicators on the back of its effective management of costs and production capacities. He stressed that Bertrandt's sound finances and the stability of its workforce were essential to the company's long-term success. Provided the eco-nomic climate improved, he said, Bertrandt believed its growth and profit outlook was positive.