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Jun 20, 2011

Eurex

IBERDROLA RENOVABLES: Change of Ex Date of Extraordinary Dividend

In Eurex circular 156/11 we informed the Eurex market participants about the upcoming adjustment of the Eurex stock futures contracts on shares of IBERDROLA RENOVABLES (IBRF) due to payment of an extraordinary dividend of EUR 1.20 per share.
On June 17, 2011, the company IBERDROLA RENOVABLES has announced a change in ex date for
payment of the extraordinary dividend.


The new ex date will be July 5, 2011.


Thus, adjustment to the Eurex stock futures contracts on shares of IBERDROLA RENOVABLES (IBRF) will be postponed from June 21, 2011 to July 5, 2011. Furthermore, for determination of the adjustment factor the regular dividend will not be taken into account, because the ex date will already be June 21, 2011.

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