745 shareholders attended the 94^th annual general meeting, representing 39.81% of the share capital. The shareholders approved the 2007 annual report including the compensation report, annual accounts, consolidated financial statements, and appropriation of net profit. A dividend of CHF 28.00 per share (previous year CHF 23.00) will be paid out on April 8, 2008. Vice Chairman Thor Håkstad was reelected for another three-year term of office. Discharge was granted to all members of the board and corporate executive management.

The shareholders endorsed a definite cancellation of the 211 793 shares repurchased by the company under the share buyback programme in 2006 and 2007 and a corresponding reduction of the share capital. In addition, it was decided to increase the par value of each share from CHF 0.03 to CHF 0.10 through the conversion of freely distributable reserves and to split the shares on a ten-for-one basis to CHF 0.01. Herewith the tradability of the Sulzer share will be facilitated. Stock exchange trading with the new shares is anticipated to commence on April 14, 2008.

On our Web site (www.sulzer.com/GA2008) you will find the speeches by Ulf Berg and Ton Büchner as PDF documents.

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