Dividend Information

Dividend History:

September 17, 2003	$1.72 per ordinary share or ADS
January 26, 2004	$1.18 per ordinary share or ADS
June 7, 2004	$0.30 per ordinary share or ADS
January 24, 2005	$0.23 per ordinary share or ADS
September 7, 2005	$0.28 per ordinary share of ADS
April 20, 2006	$0.27 per ordinary share or ADS
June 22, 2006	$0.17 per ordinary share or ADS
September 13, 2006	$0.18 per ordinary share or ADS
April 19, 2007	$0.35 per ordinary share or ADS
October 8, 2007	$1.20 per ordinary share or ADS

• Withholding tax: For U.S. citizens, tax of 25% is withheld from dividend distributions.
• � Financial covenants regarding dividends: the Company�s Board of Directors has resolved not to distribute dividends in quarters in which the Company does not meet the following financial covenants:
  • Net Debt to Annualized EBITDA: For a dividend to be paid, Net Debt divided by Annualized EBITDA must be less than 3.0. Net Debt is defined as the total of the Company�s financial debt, planned dividend payment, and factored receivables, less cash and equivalents. Annualized EBITDA is the total of the Company�s EBITDA for the past four quarters.
  • Unsecured Amortized Assets to Net Debt: For a dividend to be paid, Unsecured Amortized Assets divided by Net Debt must be higher than 1.2. Unsecured Amortized Assets are defined as the Company�s unencumbered fixed assets. Net Debt is defined as the total of the company�s financial debt, planned dividend payment, and factored receivables, less cash and equivalents.