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Press Releases / 2008 / New World Resources N.V. announces exchange rates for the interim dividend 2008 

New World Resources N.V. announces exchange rates for the interim dividend 2008

3/10/2008

New World Resources N.V. announces exchange rates for the interim dividend 2008

Please click here for PDF version of this press release

NewWorldResourcesN.V.announcesexchangeratesfortheinterimdividend2008 (71 Kb PDF)

Amsterdam, 3 October 2008 - New World Resources N.V. (“NWR”) announces that it has fixed the Euro exchange rate for the payment of the interim dividend for 2008 and the equivalents of EUR 0.28 per share interim dividend are GBP 0.22 in Sterling, CZK 6.96 in Czech Koruna and PLN 0.96 in Polish Zloty.

On 28 August 2008, NWR declared an interim dividend for the half-year ended 30 June 2008 of EUR 0.28 per share. NWR publishes its accounts in Euros but has made arrangements for shareholders, who elected to do so prior to 26 September 2008, to receive the interim dividend in Sterling, Euros, Czech Koruna or Polish Zloty, with the respective amounts payable determined by the Euro exchange rate fixed on 3 October 2008.

These rates are as noted below:

EUR/GBP          0.7830
   

EUR/CZK          24.870
   

EUR/PLN          3.428



The payment date for this dividend is 23 October 2008.



Notes for editors:

New World Resources N.V.

New World Resources is the sole owner of OKD, a.s., the Czech Republic’s largest hard coal mining company and one of the largest producers in Central Europe by revenue and volume. Serving customers in the Czech Republic, Slovakia, Austria, Poland, Hungary and Germany, the Company sold approximately 13.1 mt of coal in 2007, over 6.8 mt of which was coking coal supplied to its steel industry customers.

For further information please contact:

New World Resources N.V.
Agnes Blanco Querido
Investor Relations
Tel: +31 20 570 2270
Email: ablanco@nwrgroup.eu

Website:  www.newworldresources.eu



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