Own shares

As of June 30, 2011, HOCHTIEF Aktiengesellschaft held a total of 3,435,075 shares of treasury stock. These shares were purchased over the course of fiscal 2008 for the purposes provided for in the resolution of the General Shareholders’ Meeting of May 8, 2008. These shares represent EUR 8,793,792 (4.46 percent) of the Company’s capital stock.

Dividend payment

A resolution was adopted at the General Shareholders’ Meeting of HOCHTIEF Aktiengesellschaft on May 12, 2011 to pay a dividend of EUR 2.00 per eligible no-par-value share.

Contingent liabilities

The contingent liabilities relate to liabilities under guarantees and comfort letters; they have decreased since December 31, 2010 by EUR 33,817,000 to EUR 24,581,000.

Segment reporting

Segment reporting in the HOCHTIEF Group is based on the Group’s divisional operations. Following the change in the Group’s structure as of January 1, 2011, the HOCHTIEF Europe division includes the activities of the former HOCHTIEF Europe, HOCHTIEF Real Estate, and HOCHTIEF Services divisions. The prior-year figures represent the aggregate of these former divisions, with the sole exception that allowing for that portion of external sales of the three former divisions which—due to the restructuring—now constitutes internal sales of the HOCHTIEF Europe division results in a EUR 11,307,000 lower comparative figure for divisional sales in the first half of the prior year and a EUR 47,049,000 lower comparative figure for divisional sales in the prior year as a whole. The breakdown by divisions and regions mirrors the Group’s internal reporting systems. Detailed information on the various segments making up the HOCHTIEF Group is provided herein in the Interim Management Report.