OREANDA-NEWS. MHP S.A. ("the Company") announces that its Board of Directors approved the adoption of a dividend policy which maintains a balance between the need to invest in further development and the right of shareholders to share the net profit of the Company. The new dividend policy confirms the Company's intention to pay annual dividends to the shareholders on a regular basis.

Further, after having carefully considered the performance of the Company during the financial year 2012 as evidenced in the consolidated financial statements for the year ended 31 December 2012, the Board of Directors approved payment of a dividend of USD 1.13 per share, equivalent to approximately USD 120 million. The dividend is conditional upon the finalization of the Company’s interim accounts reflecting distributions of profit by subsidiaries, and will be declared and paid as an interim dividend in 2013 in compliance with Luxembourg law. The Company anticipates making a further announcement in this regard by mid May 2013.

Charles E Adriaenssen, the Chairman, said: “As ourmajorcapital investment programme comes to fruition, we anticipate that the Company will become increasingly cash generative creating a sound platform to continue its growth strategy. Our new dividend policy reflects our confidence in the performance and potential of the Company."