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Press Releases / 2009 / Final dividend payment dates 

Final dividend payment dates


Amsterdam, 25 February 2009 - New World Resources N.V. ("NWR" or the "Company"), Central Europe's leading hard coal producer, today announces details of its final dividend payment in respect of the year ended 31 December 2008.

The directors of NWR have proposed a final dividend for the year ended 31 December 2008 of EUR 0.18 per A share, which will be paid to A shareholders on 22 May 2009. Together with the interim dividend of EUR 0.28 per A share paid in October 2008, this takes the full year post-IPO dividend payable to A shareholders to EUR 0.46 per A share for the full year ended 31 December 2008.

Subject to various exceptions and exemptions, shareholders are generally subject to Dutch dividend withholding tax at the rate of 15 per cent on dividends distributed by the Company, which sum the Company is required to withhold and account for to the Dutch tax authorities. Shareholders should consult their own tax advisers as to the particular tax consequences for them of receiving dividends from the Company.

The dividend for NWR is declared in Euros. A shareholders may elect to receive this dividend in Pound Sterling, Euros, Czech Koruna or Polish Zlotys. The default election will be deemed to be Pound Sterling if a shareholder otherwise expresses no preference. The Pound Sterling, Euro, Czech Koruna or Polish Zloty amount payable will be determined by reference to the exchange rate applicable to the Euro on 11 May 2009.

The timetable in respect of the final dividend will be:

Ex-dividend London Stock Exchange (LSE)
15 April 2009

Ex-dividend Prague Stock Exchange (PSE)
15 April 2009

Ex-dividend Warsaw Stock Exchange (WSE)
15 April 2009

Record date
17 April 2009

Currency election closing date
30 April 2009

Euro exchange rate fixed and announced
11 May 2009

Payment date
22 May 2009

The record time is close of market on the record date as defined above.

Further details regarding dividend payments, together with currency election and dividend mandate forms, will be available in due course from NWR's website ( or from the Company's registrars.

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