ABN-Amro made the following announcement on 22 April 2008:
Further to the announcement dated 28 March 2008 concerning the payment of the
final dividend of Royal DSM N.V. for the financial year 2007, ABN AMRO Bank
N.V. hereby announces that the number of dividend rights (the exchange ratio)
is fixed at 44.91 dividend rights for one (1) ordinary Share Royal DSM (or at
the option of the Admitted Institutions of Euronext Amsterdam 4,491 dividend
rights for 100 ordinary Shares).
Based on the daily volume weighted average price of all traded Shares at
Euronext Amsterdam by NYSE Euronext during 17 April 2008 up to and including
21 April 2008 (less auction/less of exchange trades), being EUR 33.044,
1/44.91 part represents a value of EUR 0.7358, which is 0.5027% less than the
cash dividend of EUR 0.7395. This exchange ratio corresponds to a reinvestment
price of EUR 33.2109 per ordinary share.
The delivery of shares bought as a result of reinvestment will be made as of
24 April 2008.