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SES Shareholders to Receive Dividend of EUR 0.44 Per Share on April 20th, 2007.


Shares representing 19.5% of share capital canceled

Free float Free float

An exchange rate system characterized by the absence of government intervention. Also known as clean float.
 now at 70%

BETZDORF, Luxembourg Betzdorf (Luxembourgish: Betzder) is a commune and village in eastern Luxembourg. It is part of the canton of Grevenmacher, which is part of the district of Grevenmacher. The commune's administrative centre is Berg.  -- SES S.A. (Paris:SESG SESG Systems Engineering Steering Group
SESG Software Engineering Support Group
SESG System Engineering Sub-Group
) (LuxX:SESG) announces the approval by their shareholders of all resolutions presented at their Annual General Meeting, held in Betzdorf, Luxembourg.

The shareholders notably approved the company's 2006 accounts and the proposed dividend of EUR EUR

In currencies, this is the abbreviation for the Euro.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 0.44 per share, which will be paid to shareholders and holders of SES FDRs on April 20th, 2007.

Pursuant to the resolution by SES shareholders at an Extraordinary General Meeting held on March 15th, 2007, the Board of Directors also announced the repurchase and cancellation of the C-shares formerly held by GE, as well as of the corresponding number of B-shares. Following the cancellation of these shares representing 19.5% of the capital issued, SES' free float on Euronext Paris and the Luxembourg Stock Exchange The Luxembourg Stock Exchange (French: Bourse de Luxembourg) is a stock exchange based in Luxembourg City, in southern Luxembourg.  is now at 70%.

About SES

SES (Paris:SESG) (LuxX:SESG) wholly owns three market-leading satellite operators, SES ASTRA in Europe, SES AMERICOM in North America, and SES NEW SKIES SES NEW SKIES, formerly New Skies Satellites (NSS), is a Dutch operator of communications spacecraft, owned by SES. On November 30, 1998, the Intelsat 703 spacecraft was transferred to New Skies’ control. New Skies operates this and four other spacecraft. , which provide global coverage and connectivity. The Company also holds strategic participations in SES Sirius in Europe, Ciel in Canada and Quetzsat in Mexico. SES provides outstanding satellite communications solutions via a fleet of 36 satellites in 25 orbital positions around the globe. Additional information on SES is available at: www.ses.com
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Publication:Business Wire
Date:Apr 10, 2007
Words:224
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