ISSN 2330-717X

Aperam announces dividend payment schedule for 2011

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Aperam, a leading producer of stainless and specialty steels, announces its detailed dividend payment schedule for 2011, following approval in principle by a general meeting of the Company held on 21 January 2011 of the payment of an interim dividend of US$0.75 per Company share. The dividend will be paid in four equal quarterly installments of US$0.1875 (gross) per share.

Quarterly payments of US$0.1875 per share will occur on 30 March, 14 June, 12 September and 12 December 2011.

Dividends are announced in US dollars. They are paid in US dollars for shares traded in the United States on the over-the-counter market in the form of New York registry shares and paid in Euros for shares listed on the European Stock Exchanges (Netherlands, France, Luxembourg).

Dividends to be paid in Euros are converted from US dollars to Euros based on the European Central Bank exchange rate at the date mentioned in the table below.

A Luxembourg withholding tax of 15% is applied on the gross dividend amounts.

1st Quarter 2011 USA, Netherlands, France, Luxembourg

Ex-Dividend

10 March

Record Date

14 March

Payment Date

30 March

FX Exchange Date:

09 March


2nd Quarter 2011 USA, Netherlands, France, Luxembourg

Ex-Dividend

20 May

Record Date

24 May

Payment Date

14 June

FX Exchange Date:

19 May

3rd Quarter 2011 USA, Netherlands, France, Luxembourg

Ex-Dividend

19 August

Record Date

23 August

Payment Date

12 September

FX Exchange Date:

18 August

4th Quarter 2011 USA, Netherlands, France, Luxembourg

Ex-Dividend

18 November

Record Date

22 November

Payment Date

12 December

FX Exchange Date:

17 November

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