THE FIAT GROUP IN

78
Motion for Allocation of the 2001 Net Income
and Dividend Distribution
The Board of Directors submits to the Stockholders’ Meeting
for approval the financial statements for the 2001 fiscal year
and proposes that the net income for the fiscal year of 378,673,294 euros
be allocate as follows:
❚ to the Stockholders a dividend of:
❙ euros 0.31 on ordinary shares (equivalent to about 134 million euros)
❙ euros 0.31 on preference shares (equivalent to about 32 million euros)
❙ euros 0.465 on savings shares (equivalent to about 37 million euros)
provided they are outstanding (treasury shares excluded) on the dividend
payment date of June 27, 2002 for a total maximum payout of 203,478,420
❚ to retained earnings the remainder, which shall not be less than 175,194,874
so that after this entry retained earnings will amount to about 762 million euros
Matching total 378,673,294
The dividend payable to each ordinary and preference share carries a regular and therefore unrestricted tax credit of 0.207 euros,
and a limited tax credit of 0.103 euros. The dividend payable to each savings share carries a regular and therefore unrestricted
tax credit of 0.311 euros, and a limited tax credit of 0.154 euros.
Turin, March 27, 2002
The Board of Directors
By:
Paolo Fresco
Chairman
In euros