Dividend payment

We will continue to adopt an earnings-based dividend policy. The Executive Board and Supervisory Board of Linde AG will recommend an increase of over 13 percent in the dividend at the Shareholders’ Meeting on 3 June 2008, giving a dividend per share of EUR 1.70 (2006: EUR 1.50). This gives a dividend payout ratio of 30 percent, based on net income for the year. The dividend yield was 1.9 percent, based on the year-end close.

Resolutions passed at the Shareholders’ Meeting on 5 June 2007

Subject to approval by the Supervisory Board, the Executive Board of Linde AG was authorised to acquire 10 percent of share capital in own shares by 4 December 2008.

A resolution was also passed at the Shareholders’ Meeting to approve conditionally authorised capital for the issue of subscription rights to members of the Executive Board and senior management of Linde AG and to management boards and senior executives in the Group companies under a Performance Share Programme. Resolutions were also passed regarding authorised capital and various amendments to the articles of association.