REG - Bayer AG - Dividend Declaration

Tue May 3, 2011 2:01am EDT

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RNS Number : 7496F
Bayer AG
03 May 2011

Payment of Dividend
- ISIN DE000BAY0017

Notice is hereby given to share­holders that, following a resolution passed at the Annual General Meeting of Shareholders held on April 29, 2011, a dividend for the year 2010 of €1.50 per share will be paid as from May 2, 2011. 

All dividends will be subject to deduction of German Capital Yields Tax of 26.375% (25% plus 5.5% "Solidarity Surcharge" on the Capital Yields Tax).

The net amount of dividend is payable in euros. Paying agents outside the eurozone will make payment in local currency at the rate of exchange on the date of presentation. 

Payment will be made as from May 2, 2011 by the com­pany's paying agent in the United Kingdom.

Generally, German Capital Yields Tax de­ducted in excess of 15% is re­coverable by United Kingdom residents.  Exceptions exist for UK Pension Funds, which may in principle recover amounts deducted in excess of 10%.  Furthermore, UK resident corporate shareholders with a 10% or more holding are only liable to 5% German Capital Yields Tax.  Any excess amount is generally recoverable.  The company's United Kingdom paying agent will, upon request, provide the appropriate form for recovery of any excess tax.


Leverkusen, May 2,2011

The Board of Management of Bayer Aktiengesellschaft

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