REGISTRATION DOCUMENT AND FINANCIAL REPORT - Iliad

21. ADDITIONAL INFORMATION
21.1 SHARE CAPITAL
However, cash dividends must be distributed no later than nine months following the close of the fiscal year
unless an extension is authorized by court of law.
The Shareholders’ Meeting may, under the conditions determined by law, offer each shareholder the option of
receiving all or part of the final dividend or any interim dividend in the form of new shares of the Company.
21.3 DIVIDENDS
21.3.1 Dividends distributed in the past five fiscal years
During the past five fiscal years, the Company distributed dividends for fiscal years 2002, 2003, 2004, 2005 and
2006.
The Shareholders’ Meeting of May 6, 2003 resolved to distribute a total dividend of €4,286,181 (€0.90 per
share), representing approximately 16.45% of profit for 2002.
The Shareholders’ Meeting of May 28, 2004 resolved to pay a total dividend of €5,345,223 (€0.10 per share),
representing approximately 92.35% of profit for 2003.
The Board of Directors’ meeting of December 6, 2004 approved the distribution of an interim dividend
corresponding to €4,008,917 (€0.075 per share), representing approximately 41.45% of profit for the first three
quarters of fiscal 2004.
The Shareholders’ Meeting of May 27, 2005 resolved to distribute a total dividend of €6,174,979.25 (€0.115 per
share) for each of the shares making up the Company’s share capital at that date, and carrying rights to the 2005
dividend.
This dividend was settled by way of a €4,008,917.25 interim dividend distributed on December 6, 2004, with the
balance of €2,166,062 distributed on June 8, 2005.
The Shareholders’ Meeting of May 29, 2006 resolved to distribute a total dividend of €10,830,310 (€0.20 per
share).
The Shareholders’ Meeting of May 29, 2007 resolved to distribute a total dividend of €14,620,918.50 (€0.27 per
share).
21.3.2 Dividend distribution policy
The Board of Directors determines the dividend payment policy based on a review of the Company’s earnings
and financial position and other factors. At the Shareholders’ Meeting to be held on May 29, 2008, the Board will
recommend the payment of a €0.31 dividend per share. The Company expects its dividend distribution policy to
be consistent with its expansion strategy in 2008. This does not, however, represent any commitment on the
Company’s part, which may decide to reduce its dividend distribution, or not make any dividend payment,
depending on its financial results, capital expenditure requirements, and level of debt.
21.3.3 Statute of limitations for dividends
Dividends that have not been claimed within five years are time-barred and are remitted to the French State.
21.4 THE MARKET FOR ILIAD SHARES
Iliad’s shares have been traded on Eurolist by Euronext (segment A) since January 30, 2004.
21.4.1 General information
Number of shares listed at February 27, 2008 ............................... 54,151,550
Closing price at February 27, 2008 ......................................... €64.13
52-week high .............................................................. €82.01
52-week low ............................................................... €57.02
Market capitalization at February 27, 2008 (in € millions) .................. 3,473
Average 6-month daily trading volume ..................................... 159,659
ISIN code .................................................................. FR0004035913
Stock exchange indices ..................................................... SBF 120, Next 150 and SBF 250
200 - Iliad – Registration Document 2007