--Xing to pay special dividend of EUR3.70 per share

Internet Business News
04-01-2011
--Xing to pay special dividend of EUR3.70 per share

INTERNET BUSINESS NEWS-(C)1995-2011 M2 COMMUNICATIONS

1 April 2011 - German professional networking site Xing plans to pay a special dividend of EUR 3.70 on the back of strong earnings for 2010.
That is why the board will propose to its shareholders to approve a capital reduction along with a capital hike of EUR20m. These financial steps will help the company pay the dividend.

Xing has been listed since 2006 and has not distributed dividend so far.

The annual shareholders meeting of Xing will take place on May 26.

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