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Schoeller-Bleckmann Oilfield Equipment AG

EANS-General Meeting: Schoeller-Bleckmann Oilfield Equipment AG
Resolutions of the General Meeting

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  General meeting information transmitted by euro adhoc. The issuer is
  responsible for the content of this announcement.
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Schoeller-Bleckmann Oilfield Equipment AG: Annual General Meeting adopts
resolution to increase dividend to EUR 1.20 per share - share buyback programme
renewed 

Ternitz/Vienna, 25 April 2012. The Annual General Meeting of Schoeller-Bleckmann
Oilfield Equipment AG (SBO), listed on the ATX segment of the Vienna Stock
Exchange, resolved to increase the dividend for fiscal 2011 from EUR 1.00 last
year to EUR 1.20. The ex-dividend and dividend payment date was set at 9 May
2012. 

Furthermore, the Executive Board was authorised, for a maximum period of 30
months following the date of the resolution, to acquire own shares of the
company and to withdraw acquired own shares, or to re-sell them and determine
the terms of sale without any further resolution by the Annual General Meeting.

The Executive Board and the Supervisory Board were granted discharge for fiscal
2011 by the Annual General Meeting. 

All mandates of the members of the Supervisory Board came to their end at the
conclusion of this year's Annual General Meeting. At the elections to the
Supervisory Board the mandates of Mag. Norbert Zimmermann, Dr. Peter Pichler,
Dr. Karl Schleinzer, Mag. DI Helmut Langanger and Karl Samstag were renewed for
another period. 

The Annual General Meeting also adopted amendments to the Articles of
Association, in particular for adjusting them to changed legal provisions.

For the current fiscal year, SST Schwarz & Schmid Wirtschaftsprüfungsges.m.b.H.
Wirtschaftsprüfungs- und Steuerberatungsgesellschaft was appointed auditor of
the annual financial statements of the company, and Ernst & Young
Wirtschaftsprüfungsgesellschaft m.b.H. was appointed auditor of the consolidated
financial statements. 


Schoeller-Bleckmann Oilfield Equipment AG is the global market leader in
high-precision components for the oilfield service industry. The business focus
is on non-magnetic drillstring components for directional drilling. Worldwide,
SBO has employed a workforce of 1459 as at 31 December 2011 (31 December 2010:
1275), thereof 412 in Ternitz/Austria and 635 in North America (including
Mexico).


SBO financial calendar 2012


9 May 2012        Ex-dividend day, dividend payment date 
23 May 2012       Result Q1 / 2012
23 August 2012*   Result H1 / 2012
21 November 2012  Result Q3 / 2012 


* Publication of first-half results for 2012 was postponed to 23 August 2012.


Further inquiry note:
MMag Florian Schütz, Head of Investor Relations
Schoeller-Bleckmann Oilfield Equipment AG
A-2630 Ternitz/Austria, Hauptstrasse 2
Tel.: +43 2630 315-251
Fax: +43 2630 315-501
E-Mail:  f.schuetz@sbo.co.at

end of announcement                               euro adhoc 
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issuer:      Schoeller-Bleckmann Oilfield Equipment AG
             Hauptstrasse 2
             A-2630 Ternitz
phone:       02630/315110
FAX:         02630/315101
mail:         sboe@sbo.co.at
WWW:         http://www.sbo.at
sector:      Oil & Gas - Upstream activities
ISIN:        AT0000946652
indexes:     WBI, ATX Prime, ATX
stockmarkets: official market: Wien 
language:   English

Original content of: Schoeller-Bleckmann Oilfield Equipment AG, transmitted by news aktuell

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