Bastei Lübbe AG proposes higher dividend

Bastei Lübbe AG proposes higher dividend

- Dividend proposal of EUR 0.30 per share (previous year: EUR 0.28)

- Planned total distribution amount of EUR 3.96 million

- Annual General Meeting in Cologne on 16 September 2015

Cologne, 1 July 2015. Bastei Lübbe AG (ISIN DE000A1X3YY0), which is listed in the Prime Standard of the Frankfurt Stock Exchange, this year again wishes for its shareholders to participate in the positive business performance of the past financial year. The Management Board and the Supervisory Board of the company have resolved to propose the payment of a dividend of EUR 0.30 per share at the Annual General Meeting on 16 September 2015. Taking into account the treasury shares that are not entitled to the dividend, this corresponds to a distribution of EUR 3,960,000. The 2014/15 annual financial statements of Bastei Lübbe AG prepared in accordance with German commercial law, on which the resolution on the dividend to be distributed is based, report net retained profits of EUR 10,779,894.73. The remainder of EUR 6,819,894.73 is to be carried forward to new account.

The goal of Bastei Lübbe AG is still a shareholder-friendly dividend policy geared to continuity, providing for distributions to shareholders of between 40% and 50% of the eligible net income for the year. A requirement for this is that such dividend payments are compatible with a long-term and sustainable business performance.

Thomas Schierack, CEO of Bastei Lübbe AG said: "The economic foundations are crucial for the payment of the dividend. As long as these foundations provide long-term business performance, we intend to maintain our shareholder-friendly and sustainable dividend policy. The dividend proposal of EUR 0.30 per share means an attractive dividend yield of 4% based on a share price of EUR 7.50."

About Bastei Lübbe AG:
Bastei Lübbe AG is a media company organised around its publishing venture. The Cologne-based company currently has around 335 employees. It publishes books, audio books, ebooks and digital products in both the literary and popular science genres, as well as serialised novels and puzzle magazines. Bastei Lübbe is also actively involved in brand licensing and the development, production and distribution of gift, decoration and merchandising articles. Bastei Lübbe has for many years enjoyed an almost unbroken streak as the market leader in the growing segment of hard-cover literature and since 2013 comes in first or second place in the area of e-books. 2013 saw the company's 60th anniversary celebration and its launch as a publicly traded company. Shares of Bastei Lübbe AG are listed in the Prime Standard segment of the Frankfurt Stock Exchange (WKN A1X3YY, ISIN DE000A1X3YY0).

Contact for Bastei Lübbe AG:
Barbara Fischer
Director of PR and
Event Marketing
Tel.: +49 (0) 221 / 82 00 28 50
Email: barbara.fischer@luebbe.de