SKAT, the Danish tax authorities, upholds its claim for withholding tax regarding interest payments credited to Mholding AB in 2006–2009

Matas A/S
Company Announcement

SKAT, the Danish tax authorities, upholds its claim for withholding tax
regarding interest payments credited to Mholding AB in 2006–2009

Company announcement 28/2013

Matas AS/ has been informed that SKAT intends to claim withholding tax
regarding interest payments credited to Mholding AB for the 2006, 2007, 2008
and 2009 income years. As mentioned in the prospectus of 13 June 2013, the
total tax payment being claimed amounts to DKK 56.4 million. In addition,
interest relating to the claim will be charged an at estimated amount of
approximately DKK 30 million. 

Matas A/S disagrees with the decision and intends to appeal it to the Danish
National Tax Tribunal. No provisions have been made in respect of this tax
matter, as Management believes it more likely than not that a ruling in favour
of the Group will be received, if the tax case is taken to court. 

The claim from SKAT will not affect the company's policy of paying an expected
dividend of at least 60% of Adjusted profit after tax for 2013/14. 







Matas A/S





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