Dividend for fiscal year 2011

 A dividend of €3.50 per share will be proposed during the Annual General Meeting on April 27, 2012.
 
The dividend is the part of the net annual profit which is distributed to the shareholders.

The dividend, the ex-date and the date of payment are proposed by the Board of Directors and subject to the shareholder approval at the Annual General Meeting
To obtain the dividend, you have to have purchased at least one PPR share the day before the date of payment.
 
The dividend is automatically paid, without any specific required procedure from the shareholder.

• For holders of administered registered shares and bearer shares, your financial intermediary will credit your account according to the number of shares you own.  
• For holders of ordinary registered shares, CACEIS will send to you a letter-check or will wire the amount to your bank account on the date the dividend is paid.