[BARN] Barry Callebaut - Par value reduction in lieu of a dividend

Par value reduction in lieu of a dividend

The Board of Directors proposes to the Annual General Meeting of December 7, 2010 to increase the repayment to shareholders by 12%, from CHF 12.50 to CHF 14.00 per share, representing a payout ratio of 28.8%. Instead of a dividend payment, the Board of Directors proposes to reduce the share capital of the company through the reduction of the par value per share from CHF 38.20 to CHF 24.20. The par value reduction of CHF 14.00 will be paid out to shareholders in March 2011, subject to approval by the shareholders at the Annual General Meeting.