Tessenderlo Group : Tessenderlo Group announces payment of 2012 dividend in shares and/or in cash and changes with respect to

 Tessenderlo Group : Tessenderlo Group announces payment of 2012 dividend in
   shares and/or in cash and changes with respect to the Board of Directors

Tessenderlo Group (NYSE  Euronext: TESB)announced during  the Annual  General 
Meeting of shareholders held earlier today, that a gross dividend for the 2012
financial year was declared  at 1.3333 EUR per  share. The Board of  Directors 
decided to offer shareholders  a choice of payment  conditions: the option  of 
receiving a dividend in new shares at a  price of 18.00 EUR per share, or  in 
cash, or  a combination  of  both.The Annual  General Meeting  also  approved 
changes within the Board of Directors.

2012 dividendpaid in shares and/or in cash
Today, the Annual General Meeting approved a net dividend of 1.00 EUR  (coupon 
n° 76), corresponding to a gross dividend of 1.3333 EUR.

In the context ofthe  authorized capital, the Board  of Directors decided  to 
offer the choice of payment of the 2012 dividend in new shares, or in cash, or
a combination of both. The price of these new shares was set at 18.00 EUR  per 
share. Shareholders can  make their  choice of  payment during  a period  from 
Tuesday, June 11 2013 until Friday, July 5 2013. The settlement in cash and/or
the delivery  of  new  shares will  take  place  as from  July  15  2013.  The 
ex-dividend date is June 6 2013.

A document explaining the practical details of the 2012 dividend payment  will 
be made available  on the group's  website (www.tessenderlogroup.com) as  from 
June 11 2013. For further information, shareholders should contact their banks
from the same date. The financial service will be provided by ING Belgium with
regard to  the dematerialized  and bearer  shares, and  by Belfius  Bank  with 
regard to the registered shares.

Changes within the Board of Directors and appointment of new statutory auditor
The Annual General Meeting approved theappointment of the following Directors
as proposed by the Board of Directors, for a period of four years:

Renewal of mandate:

  *Mr Frank Coenen (executive director)

  *Mr Antoine Gendry (non-executive director)

New mandates:

  *Ms Véronique Bolland(independent director).

MrBaudouin Michiels  was  appointed  chairman  of  the  audit  committee.  Mr 
Michiels will assume the chairmanship of the audit committee in replacement of
Mr Croes. Mr Valère  Croes, whose mandate  of director came to  an end at  the 
Annual Shareholders' Meeting, did not request the renewal of his mandate.

Cooptationof Mr Didier Trutt
Following the acknowledgement of the resignation of Mr Guy de Gaulmyn with
effect as from May 6 2013, the Board of Directors decided to coopt Mr Didier
Trutt in replacement of Mr Guy de Gaulmyn. The confirmation of the appointment
of Mr Trutt will be submitted to the first upcoming general shareholders'

Appointment of the statutory auditor
The Annual Shareholders' Meeting has appointed PricewaterhouseCoopers
Reviseurs d'Entreprises/Bedrijfsrevisoren as statutory auditor for a period of
three years, represented by Mr Peter Van den Eynde.

For thecurriculum vitae of Ms Bolland and Mr Didier Trutt, please go
Tessenderlo Group - Governance - Board of Directors- Composition

Tessenderlo  Groupis  a  worldwide   specialty  company,  focused  on   food, 
agriculture, water  management  and  on valorizing  bio-residuals.  The  group 
employs about 7,000  people and is  a leader in  most of its  markets, with  a 
consolidated revenue of  2.1 billion EUR  in 2012. Tessenderlo  Chemie NV  is 
listed on NYSE Eurolist by Euronext Brussels  and ispart of Next 150 and  BEL 
Mid indices.Financial News wires:  Bloomberg: TESB BB  - Reuters: TesBt.BR  - 
Datastream: B:Tes

Media Relations     Investor Relations
Kathleen IWENS      Philip LUDWIG
+32 (0) 478 664 555 +32 2 639 16 58

Thispress releaseis available inDutch, French and Englishon the corporate
website www.tessenderlogroup.com - under 'News & Media'

Pour lire le communiqué de presse complet en Français, cliquez ici
To read the full press release in English, click here
Hier kan je het volledige bericht in het Nederlands lezen


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Source: Tessenderlo Group via Thomson Reuters ONE
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