EANS-News: Schoeller-Bleckmann Oilfield Equipment AG / Annual General Meeting adopts dividend payment of EUR 0.50 - Executive Board again authorized to acquire own shares

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Annual & Special Corporate Meetings

Ternitz (euro adhoc) - Ternitz/Vienna, 28 April 2010. The Annual
General Meeting of Schoeller-Bleckmann Oilfield Equipment AG (SBO),
listed on the ATX segment of the Vienna Stock Exchange, today adopted
the proposal by the Executive Board to pay a dividend of EUR 0.50
(2008: EUR 0.75) per share for fiscal 2009. The ex-dividend and
dividend payment date was set at 12 May 2010.

Furthermore, the Executive Board was authorized for a period of 30
months starting from adoption of the resolution to acquire own shares
of the company and to withdraw or re-sell own shares without any
further resolution by the Annual General Meeting and to determine the
terms of re-selling the shares.

The Executive Board and Supervisory Board were granted discharge. For
the current fiscal year, SST Schwarz & Schmid
Wirtschaftsprüfungsges.m.b.H. Wirtschaftsprüfungs- und
Steuerberatungsgesellschaft was appointed auditor of the annual
financial statements of the company and Ernst & Young
Wirtschaftsprüfungsgesellschaft m.b.H. was appointed auditor of the
consolidated financial statements. The resolution on the amendment of
the Articles of Association, in particular to implement the optional
provisions of the Stock Corporation Amendment Act 2009, was adopted.

Schoeller-Bleckmann Oilfield Equipment AG is the global market leader
in high-precision components for the oilfield service industry. The
business focus is on non-magnetic drillstring components for
directional drilling. Worldwide, SBO employs a workforce of 1056 as
at 31 December 2009 (31 December 2008: 1394), thereof 314 in
Ternitz/Austria and 447 in North America (including Mexico).

end of announcement euro adhoc
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ots Originaltext: Schoeller-Bleckmann Oilfield Equipment AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Gernot Bauer, Head of Investor Relations

Schoeller-Bleckmann Oilfield Equipment AG

A-2630 Ternitz, Hauptstraße 2

Tel: +43 2630/315 ext 250, fax: ext 501

e-mail: g.bauer@sbo.co.at

Mick Stempel

Metrum Communications GmbH

Tel: +43 1 504 69 87 ext 385

e-mail: m.stempel@metrum.at

Branche: Oil & Gas - Upstream activities
ISIN: AT0000946652
WKN: 907391
Index: WBI, ATX Prime, ATX
Börsen: Wien / official market