The Shareholders of SCOR SE decided on 28 April 2010 that the Company would pay a dividend of EUR 1 per share for the fiscal year 2009, representing a payout ratio of 48%, and that such dividend could be received either in cash or in new ordinary Company shares, to be issued at a price set at EUR 15.96. A press release specifying the practical conditions applicable to this option was released on the same date.

 

The option period, which began on 12 May 2010, ended on 2 June 2010. Shareholders representing 23% of the share capital have opted to receive their dividend in SCOR shares. The equivalent of EUR 42,254,371 will be paid through the issuance of 2,647,517 new ordinary shares (representing 1.43% of its share capital), which will be delivered and listed on Eurolist by NYSE Euronext Paris on 15 June 2010, on the same line as the existing shares.