Kuehne+Nagel to Pay Dividends

On April, 30 during the annual general meeting of Kuehne+Nagel International AG all proposals were approved by a clear majority.

According to the press-service of the company the shareholders approved the annual report, the financial statements and consolidated financial statements for 2007 and endorsed the Board of Director’s recommendation to increase the dividend to CHF 1.90 (previous year CHF 1.50). The dividend will be distributed on May, 5 2008.

The annual general meeting granted discharge to the Board of Directors and the Management Board for the 2007 business year.

Besides, the annual general meeting extended its authorization of approved capital of a maximum of CHF 20 mn until April, 30 2010.

Source: Seanews