LUCERNE, Switzerland, May 17, 2005 (PRIMEZONE) -- The shareholders of Komax Holding AG, at their Ordinary General Meeting in Lucerne on May 17, 2005, approved the annual report, the consolidated financial statements and the statements of Komax Holding AG for fiscal 2004.
Furthermore, the shareholders approved the motion of the Board of Directors to make a par-value repayment of CHF 2.00 per share in lieu of a dividend payment for fiscal 2004. The ordinary share capital is thereby reduced by CHF 6,362,812 and the conditional share capital by CHF 737,188. If the transaction goes according to plan, shares will be traded with a par value of CHF 5.50 from the beginning of August 2005.
Max Koch was re-elected as a member of the Board for a further three-year term of office. Daniel Hirschi, who is CEO and Delegate of the Board of Directors of Saia-Burgess, was elected as a new member of the Board. The Annual General Meeting appointed PricewaterhouseCoopers AG for a further year as statutory and group auditor and granted the Board of Directors and management discharge for fiscal 2004.
The media release can be downloaded from the following link: http://hugin.info/100418/R/994420/150599.pdf