Saarbrücken, May 30, 2008 – Like in the two previous years, shareholders of Praktiker Bau- und Heimwerkermärkte Holding AG will receive a dividend in the amount of 0.45 euros per share for the financial year 2007. The ordinary Annual General Meeting of the company that went public on November 22, 2005 today approved the corresponding proposal submitted by the Management Board and Executive Board. Based on the closing price for 2007, this gives a dividend yield of 2.2 percent.

With this dividend, the shareholders of Praktiker “appropriately benefit from the success of the company“, said CEO Wolfgang Werner in his statement of accounts presented in the morning. At the same time, the company was retaining the necessary financial flexibility to be able to further invest into profitable growth, Werner said.

It was the regular turn for the election of the eight shareholder representatives on the Supervisory Board of Praktiker Bau- und Heimwerkermärkte Holding AG. Seven Supervisory Board members were confirmed in their position. New on the Board is Ebbe Pelle Jacobsen, CEO of Delsey SA (France). Jacobsen is replacing the lawyer and former Metro board member Dr. Wolf-Dietrich Loose, who did not run for reelection.

Around 57 percent of the voting capital was represented at the Annual General Meeting of Praktiker Bau- und Heimwerkermärkte Holding AG.

In its meeting before the Annual General Meeting the Supervisory Board renewed the contracts of CEO, Wolfgang Werner, and CFO, Thomas Ghabel, in regular turn for five years.