Banca Transilvania pays dividends

Dividend distribution to Banca Transilvania shareholders will start on June 1, 2009. The allocation process follows the decision of the General Shareholders' Meeting, dated April 29, 2009.

Details regarding dividend distribution for 2008 financial year

• According to the applicable legal provisions in force, dividends will be paid to shareholders registered with the Shareholders' Registry, held by the Central Depository S.A, as at the Registration Date May 20, 2009, date set by the GSM; 
• Banca Transilvania network will ensure dividend distribution, either by bank transfer, or cash payment; 
•  The shareholders with current accounts opened with BT - including accounts with attached cards - will receive dividends automatically over the respective accounts; 
• The shareholders who do not hold an account with Banca Transilvania can receive dividends, either in cash, at BT's counters, or by transfer to another bank account, as specified by the shareholder; 
• Non-resident shareholders may choose to have dividends transferred to accounts opened with banks outside Romania, provided that the beneficiary's bank hold a LEI account opened with a Romanian bank; in case shareholders whish to receive the amount in another currency, they have to specifically request this operation (FX market rates at the time of the transaction will be applied); 
• With regard to taxes applicable to dividend income, in case double taxation avoidance conventions are signed between Romania and states of fiscal residence for BT's shareholders, both EU and non-EU residents, then the tax rate from these treaties will be applied, provided that the dividend beneficiary personally bring or send the original Fiscal Residency Certificate, on or before the payment date, to Banca Transilvania, 8 George Bari??iu Street, 400027 Cluj-Napoca, Romania, Shareholding Department, otherwise Romanian tax legislation will be applied.

 Necessary documents for dividend payment

Individual shareholders, with permanent residence in Romania will receive dividends by presenting an identification document - ID card/passport. Mandated individuals will receive dividend payment based on a special power of attorney, authenticated by a notary public, and the identity card of the mandated individual (original and copy);

Foreign individual shareholders will receive cash dividends by presenting an identification document - ID card/passport. Payment via bank transfer will be carried out based on a written request filed at any BT location or via e-mail sent to the Shareholding Department, at actionariat@btrl.ro. The requests must include the complete identification and bank transfer data: full name, Personal Identification Number, and residence address, bank and bank account, an ID copy and, upon case, the original copy of the Fiscal Residency Certificate;

Romanian legal person shareholders will receive dividends via bank transfer ordered at any BT unit, based on a request written by the legal representatives of the company or an e-mail sent to the Shareholding Department, at actionariat@btrl.ro. The request must include the following documents in copy: Fiscal Registration Certificate, Trade Registry Certificate, document attesting the legal representative status, ID of legal representative;

Foreign legal person shareholders will receive dividends via bank transfer, based on a specific request, signed by the legal representatives and addressed to Banca Transilvania - Shareholding Department; the request can be send electronically, at actionariat@btrl.ro and it must contain the shareholder's identification data, bank and account number (IBAN) and, upon case, the original copy of the Fiscal Residency Certificate;

Custodian banks requesting dividend payment on behalf of their customers, either to their respective accounts or to the account of the custodian bank, will send the following documents to Banca Transilvania: 

• a letter signed by the legal representative of the custodian bank, including the list of customers (ID, name, shareholding details) and the accounts (IBAN code and bank) necessary for the transfers; 
• copy of the document certifying the legal representative status; 
• copy of the document (certified as true to the original) confirming that the custodian bank was authorised by the client to collect dividends;

Any other details regarding dividend payment can be obtained from Banca Transilvania's Shareholding Department, telephone number: +40(0)264 301 289.