Wacker Neuson SE / Key word(s): Dividend/Strategic Company Decision21.03.2011 16:30Dissemination of an Ad hoc announcement according to § 15 WpHG, transmittedby DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------Proposal at the upcoming AGM to appropriate profit and restructure WackerNeuson SE as a holding company(Munich, March 21, 2011) Parent company Wacker Neuson SE reports retainedearnings in the amount of EUR 13.1 million for fiscal 2010, of which EUR0.17 is to be paid in dividends per eligible share. Plans to structureWacker Neuson SE as a holding company will align the company's legalorganization more closely with the operating management setup. * Dividend proposalDuring today's Supervisory Board meeting, the Supervisory Board of WackerNeuson SE approved the Executive Board's proposed dividend payment of EUR0.17 per share for fiscal 2010, which it will propose to the AGM on May 26,2011. In total therefore, the company will be paying out EUR 11.9 million.During the past fiscal year, the net profit generated by the parent companyWacker Neuson SE amounted to EUR 1.9 million (previous year: EUR 3.6million). Retained earnings thus amounted to EUR 13.1 million (previousyear: EUR 3.6 million). Based on net Group profit of EUR 23.9 million(previous year: EUR -110.1 million), the distribution ratio for theproposed dividend pans out at around 50 percent. This is higher than thetarget ratio set by the company as part of its long-term dividend policy.As no dividends were paid out last year, management regards this year'spayout as justified.* Proposed restructuring as a holding companyDuring its meeting today, the Supervisory Board also approved the ExecutiveBoard's proposal to structure Wacker Neuson SE as a holding company and toput this resolution to the AGM. As part of the restructuring, ProductionGermany, Sales Germany and Sales Europe will be separated from WackerNeuson SE in their entirety and established as separate legal entities.Central Group and corporate functions will remain at Wacker Neuson SE underthe umbrella of what is now central administration. The three operatingsegments will be divested into three German companies registered in Munichand structured as GmbH & Co. KG limited partnerships. Under the proposedholding structure, Wacker Neuson SE shall hold 100 percent of the capitalin the three new affiliates. The American subsidiary, Wacker NeusonCorporation, transitioned from a parent company to a holding structure onJanuary 1, 2011 and now manages production, logistics and sales within theframework of separate legal entities.These measures shall not result in any changes for shareholders in thecompany as Wacker Neuson SE will remain the sole owner of the new operatingcompanies. In financial terms, the new legal structure does not affect theGroup's net assets and earnings position.The Annual and Consolidated Financial Statements will be published on March24, 2011 during a press conference presenting the annual results.Additional information on Wacker Neuson SE shares:ISIN: DE000WACK012 WKN: WACK01Admission: Regulated market / Prime Standard; Frankfurt Stock ExchangeCompany headquarters: GermanyContact partners:Wacker Neuson SE Katrin NeufferPreussenstr. 41 80809 Munich, Germany Tel. + 49 - (0)89 - 354 02 - 173E-Mail: ir@wackerneuson.com Internet: www.wackerneuson.com21.03.2011 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language: EnglishCompany: Wacker Neuson SE Preußenstr. 41 80809 München DeutschlandPhone: +49 - (0)89 - 354 02 - 0Fax: +49 - (0)89 - 354 02 - 390E-mail: info@wackerneuson.comInternet: www.wackerneuson.comISIN: DE000WACK012WKN: WACK01Indices: SDAXListed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
