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PRESS RELEASE: HUGIN AD-HOC/Hornbach-Baumarkt-AG:Ad hoc: HORNBACH-Baumarkt-AG proposes dividend increase

Hornbach-Baumarkt-AG /  / Ad hoc: HORNBACH-Baumarkt-AG proposes dividend increase processed and transmitted by Hugin AS. The issuer is solely responsible for the content of this announcement. 

Bornheim bei Landau, March 29, 2010. Subject to the adoption still outstanding
of the annual financial statements for the 2009/2010 financial year
(March 1, 2009 to February 28, 2010), the Board of Management of
HORNBACH-Baumarkt-AG intends to propose an increase in the dividend by Euro 0.13
to Euro 1.00 per share with dividend entitlement (ISIN: DE0006084403) for
approval by the Supervisory Board. This should enable shareholders to
participate in the consistently positive operating earnings performance expected
in view of the work underway on the annual financial statements for the
2009/2010 financial year. The dividend amounted to Euro 0.87 per share in the
previous year and had remained unchanged for 15 years. 

As already announced in the Trading Statement on March 18, 2010, the
HORNBACH-Baumarkt-AG Group met its forecast sales performance in 2009/2010. The
Board of Management made no amendment to the earnings forecast. Details of the
earnings performance and the annual financial statements will not be published
until the Annual Results Press Conference on May 27, 2010. 

[HUG#1398633] 

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Hornbach-Baumarkt-AG
Hornbachstrasse 11 Bornheim bei Landau Germany 

WKN: 608440;ISIN: DE0006084403;Index:CDAX,Prime All Share;
Listed: Freiverkehr in Hanseatische Wertpapierbörse zu Hamburg,
Prime Standard in Frankfurter Wertpapierbörse,
Regulierter Markt in Frankfurter Wertpapierbörse; 

http://www.hornbach.com 

(END) Dow Jones Newswires

March 29, 2010 06:00 ET (10:00 GMT)