Dividend Information

Dividend Policy

SES' dividend policy is to raise the dividend per share by a minimum of 10% year on year.

The dividend in recent years has been as follows:

Financial Year	2006	2007	2008	2009	2010	2011
Dividend per A Class share : (Euros)	0.44	0.60	0.66	0.73	0.80	0.88

Tax Credits

Dividend payments made to SES shareholders are subject to a Luxembourg withholding tax of 15%. In many instances, depending on the tax domicile of the shareholder, this tax credit can be used to offset other taxes that might be payable by the shareholder. For more information on this subject, shareholders should consult their broker or tax adviser.