1. Dividend Payment
The Annual General Meeting of Shareholders held in Rotterdam on 14 April 2010 resolved to approve the dividend 2009 proposal of USD 0.67 per ordinary share.

The dividend is payable in Euro and amounts to EUR 0.49 per ordinary share. Shareholders have the choice between payment of the dividend in cash or in stock.

The conversion ratio will be determined by the Management Board on 7 May 2010 after close of trading, based on the volume weighted average share price (as calculated by Bloomberg) on the last five days of the choice period, i.e. 3, 4, 5, 6 and 7 May 2010. Save for a possible rounding off difference, the value of the cash and the stock dividend will be equal.

No trading in dividend rights will take place on the NYSE Euronext Amsterdam.

Time schedule
16 April 2010: Ex-dividend
20 April 2010: Record date
21 April-7 May 2010 (03.00 p.m. CET): Choice period
7 May 2010: Determination of exchange ratio stock dividend
14 May 2010: Payment of the dividend

Shareholders wishing to receive payment of the final dividend in ordinary shares should inform The Royal Bank of Scotland N.V. ('RBS') via their bank or broker. If no choice is made known, the final dividend will be paid out to shareholders in cash, after deduction of 15% dividend tax. Delivery of shares will only be made on the basis of the total number of dividend rights delivered, whereas any remaining fraction of one ordinary share will be paid out in cash.

The institutions admitted to NYSE Euronext Amsterdam ("Stock Exchange Members") are requested to deliver the dividend rights directly to RBS (account 28009/106). Upon conversion of dividend rights in the period up to and including 7 May 2010 a commission will be paid to the Stock Exchange Members in accordance with the overview of RBS, so that this conversion can take place free of commission-charges to the shareholders. Payment of commission to Stock Exchange Members will take place after RBS has received a statement from the relevant Stock Exchange Member that the conversion of dividend rights has been executed at no cost to the shareholder.

Mr F.J.G.M. Cremers was born in 1952 and has the Dutch nationality. He graduated as a Master in Business Economics at the Erasmus University of Rotterdam in 1975 and obtained a PhD in Business Finance from the same University in 1979.

Mr F.J.G.M. Cremers has more than 20 years of experience in the Oil and Gas business from his international career with Royal Dutch Shell (1975-1996) where he became CFO of Shell Expro UK in London. Mr Cremers then moved back to The Netherlands to join VNU N.V. as CFO and member of the Board of Management until his retirement in 2004.