The General Shareholders Meeting of Azkoyen, S.A. today approved the payment of 25 pesetas gross (20.50 net) per share as a supplementary dividend for the 2000 financial year The General Meeting was held this morning in Peralta, Navarre, and the dividend payment will be made in the first half of July, through BBVA.

The dividend per share approved is the same as for 1999: 40 pesetas gross per share. In December a dividend on account of 15 pesetas gross per share had already been paid.

Azkoyen, S.A. has allocated a dividend for 2000 of a total of 853,500,000 pesetas, 54% of the consolidated net profit recorded (1,582 million pesetas). The share capital of Azkoyen, S.A. is currently made up of 21,337,500 shares, with a nominal value of 0.6 euros.