Apollo declares 2006 dividend

Apollo Investment Fund Public Company Ltd announced that the Board of Directors after approving the final results which showed an improvement in net profits to EUR 16.46 mln have decided to propose to the Annual General Meeting the payment of a dividend of 21.7% on the nominal value of the share (23 cents), that is, 5 cents or EUR 8.6 cents per ordinary share. The dividend will be paid to all shareholders registered as at May 8, 2007 on June 15, 2007.
The Board of Directors also decided to give the right for a dividend reinvestment in Company’s shares. The exercise price of the right will be the average closing price of the share in the CSE in the first five business days that the share will trade ex-dividend, from May 9, 2007 to May 15, 2007, minus the discount of 15%, with a minimum price of 23 cents. This proposal will be subject to the AGM approval.