After the balance sheet date the following dividends were declared by the Managing Board:

The proposed dividend on ordinary shares is subject to approval by the Annual General Meeting of Shareholders and has not been deducted from equity.

On 31 December 2007 the authorized capital amounted to €1,125 million, distributed over 306,960,000 ordinary shares, 44,040,000 cumulative preference shares A and 375,000,000 cumulative preference shares B with a nominal value of €1.50 each, and 1,200,000,000 cumulative preference shares C with a nominal value of €0.03 each. Every nominal amount of three eurocents (€0.03) carries one vote. The changes in the number of shares in 2007 are shown in the table below.

The average number of ordinary shares outstanding in 2007 was 178,540,706. All shares issued are fully paid.

Of the total Share premium of €489 million, an amount of €125 million can be regarded as entirely free of tax.

On 31 December 2006 DSM possessed 17,103,171 ordinary shares (nominal value €26 million, 6.9% of the share capital). In 2007, DSM used 2,730,031 ordinary shares for servicing option rights.

On 31 December 2007 DSM possessed 14,528,140 ordinary shares (nominal value €22 million, 6.4% of the share capital). The average purchase price of the ordinary treasury shares was €31.80. In 2007, 20.7 million ordinary treasury shares were repurchased as part of the first and second phase of the share buy-back program of Vision 2010. A total of 20.5 million of the shares bought back related to the Vision 2010 progam were cancelled in 2007. The number of treasury shares at 31 December 2007 included 6.9 million shares related to the share buy-back program of Vision 2010. The remaining ordinary treasury shares will be used for servicing management and personnel share-option rights.