147 Dividend policy The dividend policy of Heineken N.V. intends to preserve the independence of the Company, to maintain a healthy financial structure and to retain sufficient earnings in order to grow the business both organically and through acquisitions. The dividend payments are related to the annual development of the net profit before exceptional items and amortisation of brands (net profit beia), which translates in a dividend payout of 30-35 percent. Dividends are paid in the form of an interim dividend and a final dividend. The interim dividend is fixed at 40 per cent of the total dividend of the previous year. Annual dividend proposals will remain subject to shareholder approval. Bondholder information On 4 November 2003, Heineken N.V. issued two bonds for a total of EUR1.1 billion, of which a bond with a face value of EUR500 million and a coupon of 4.375 per cent was repaid at maturity in February 2010. In September 2008, Heineken established a Euro Medium Term Note (EMTN) Programme which was subsequently updated in 2009 and 2010. The programme allows Heineken N.V. from time to time to issue Notes. Currently, the programme allows to issue Notes for a total amount of up to EUR5 billion. As currently approximately EUR1.9 billion is outstanding, Heineken still has capacity of EUR3.1 billion under the programme. The programme can be used for issuance up to one year after its latest update. The EMTN programme and all Heineken N.V. bonds are listed on the Luxembourg Stock Exchange. Contacting Heineken N.V. and Heineken Holding N.V. Further information on Heineken N.V. is obtainable from the Global Corporate Relations and/or Investor Relations department, telephone +31 20 523 99 99 or by email: investors@heineken.com. Further information on Heineken Holding N.V. is obtainable by telephone +31 20 622 11 52 or fax +31 20 625 22 13. Information is also obtainable from the Investor Relations department, telephone +31 20 523 97 77 or by email: investors@heineken.com. The website www.heinekeninternational.com also carries further information about both Heineken N.V. and Heineken Holding N.V. Heineken N.V. Bond 2013 Heineken N.V. EMTN 2014 Heineken N.V. EMTN 2015 Heineken N.V. EMTN 2016 Issue date Total face value* Interest rate Maturity ISIN code 4 November 2003 EUR600 million 5.0% 4 November 2013 XS0179266753 6 April 2009 EUR1 billion 7.125% 7 April 2014 XS0421464719 10 March 2009 GBP400 million 7.25% 10 March 2015 XS0416081296 8 October 2010 EUR400 million 4.625% 10 October 2016 XS0456567055 The difference versus the amount displayed in the balance sheet is due to the amortisation of issue costs. Heineken N.V. Annual Report 2010

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 2010 | | pagina 144