PALFINGER declares interim dividend

• Payment of EUR 0.18 per share on 21^st  December 2015
• Ex-dividend date is 17^th  December 2015
• Interim dividend is a payment on account of the annual dividend

Sec. 54a of the Austrian Companies Act (AktG) entitles the Management Board, with the approval of the Supervisory Board, to make a payment on account based on the estimated annual profit, after the first half of a financial year is over. The maximum amount of such payment on account corresponds to half of the average annual dividend distributed during the three preceding years. Given that in the three previous years, PALFINGER AG distributed a total dividend of EUR 1.13 per share (2012: EUR 0.38; 2013: EUR 0.41; 2014: EUR 0.34), the amount of the interim dividend will be maximum EUR 0.18 per share.

The Management Board and Supervisory Board of PALFINGER AG now resolved to distribute to the shareholders an interim dividend as a payment on account based on the expected net profit for the year 2015. The interim dividend in the amount of EUR 0.18 per share will be paid to all shareholders on 21^st  December 2015, with 17^th  December 2015 being the ex-dividend date and 18^th December being the record date. The interim dividend will be subject to a withholding tax of 25 per cent.

The amount of the annual dividend will be decided upon by the Annual General Meeting of PALFINGER AG on 9^th  March 2016. It will be paid out less the amount of the interim dividend. The remainder will be subject to a withholding tax of 27.5 per cent.