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The Board of Directors of MAPFRE has resolved to offer shareholders the possibility to reinvest the next final dividend in newly issued shares of the company
The dividend reinvestment plan will have the following features:
| Optional | Shareholders will continue to receive their dividends in cash, and may choose to participate in the reinvestment plan if they so wish |
| Eligibility | Any MAPFRE shareholder who holds at least 22 rights on the day prior to the payment of the dividend (2 April 2009) will be eligible |
| Issue price | €1.41 per share, which is the the volume weighted average price of MAPFRE’s shares, for those transactions undertaken on 6th March 2009 |
| Reinvestment amount | Shareholders will be able to choose to reinvest 82% of their gross dividend in new shares |
| Periodicity | The programme is initially made available for the dividend against 2008 results. However, MAPFRE’s Board of Directors foresees that it will analyse the possibility of offering this or other dividend reinvestment formulas which may be agreed in the future |
The new shares will participate in the results which will be distributed from 15th April 2009 onwards.
