Share split

Two-for-one stock split

Split the shares in the capital of ad pepper media, currently having a par value of ten eurocents (EUR 0.10) each, into shares with a par value of five eurocents (EUR 0.05). The split ratio is 2:1

On May 19, 2009 the ad pepper media International N.V. Shareholders’ Meeting has agreed to conduct a two-for-one stock split. This means, that for every outstanding ad pepper media share one additional share will be issued. As a result of the share split, the share price is only mathematically divided by two.

The reorganization of the stock exchange listing and of the number of shares held in custody accounts is proceeded on May 27, 2009.