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Newsroom  Board of Directors announces fourth capital repayment of EUR 0.50 per certificate 

Board of Directors announces fourth capital repayment of EUR 0.50 per certificate

24.11.2010 - On the basis of the authorization granted at the Annual General Meeting held on October 7, 2009, the Board of Directors of PI Power International Limited (PI) decided on November 22, 2010 to make a capital repayment in cash to shareholders of EUR 0.50 for each eligible certificate. Thereby the total amount of all capital repayments distributed to the PI certificate holders hitherto increases to EUR 7.80 per certificate.
Oesterreichische Kontrollbank Aktiengesellschaft ("OeKB"), which holds 59,999,997 shares in the company on the account of certificate holders, will transfer the portion of the capital repayment received to the certificate holders by crediting the respective amounts to the account holding banks. This transfer will take place as of November 30, 2010, based on the deposit account balances booked on November 29, 2010. OeKB will not make any payments for treasury certificates held by the company.   Trading ex-capital repayment will take place starting on November 30, 2010.   This fourth capital repayment follows the initial capital repayment amounting to EUR 4.40 per certificate at the beginning of June 2009, the second capital repayment amounting to EUR 2.50 per certificate at the end of October 2009, and the third capital repayment amounting to EUR 0.40 per certificate at the beginning of August, 2010.    
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Board of Directors announces fourth capital repayment of EUR 0.50 per certificate 352 KB Board of Directors announces fourth capital repayment of EUR 0.50 per certificate
PI Power International Limited is regulated by the Jersey Financial Services Commission. Registered company no. 97789.