Atea - changed dividend policy

2/7/2013 5:26 AM EST

Atea has a solid financial position as a result of 
strong earnings performance over time and an ability 
to convert these earnings into free cash flow.

Atea's policy today is to distribute 70-100 per cent 
of net profits adjusted for normalized tax. In order 
to align the policy to Atea's strong cash flow and 
the strong financial position the Board of Directors 
has decided to change the policy to be linked to cash 
flow rather than earnings. Going forward the Board of 
Directors has decided to distribute 70-100 per cent 
of cash flow from operations after capex.

For 2012 the Board of Directors will propose a 
dividend of NOK 5.50 per share to the Annual General 
Assembly.

Atea will continue to invest in the business and look 
for attractive acquisition opportunities, utilizing 
the strong balance sheet while striving to retain a 
competitive dividend distribution.

For further information, please contact: 
Rune Falstad, CFO Atea ASA, mobile +47 906 14 482


About Atea
Atea is the leading Nordic and Baltic supplier of IT 
infrastructure with approximately  6,300 employees. 
Atea is present in 82 cities in Norway, Sweden, 
Denmark, Finland, Lithuania, Latvia and Estonia. Atea 
delivers IT products from leading vendors and assist 
its customers with specialist competencies within IT 
infrastructure services. Atea had revenue of 
approximately NOK 21 billion in 2012 and is listed on 
Oslo Stock Exchange. [http://www.atea.com]