DGAP-Ad hoc: XING AG

DGAP-Adhoc: XING AG: XING AG Executive Board proposes dividend increase and payment of a special dividend

XING AG / Key word(s): Dividend/Preliminary Results

22.02.2016 07:40

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Hamburg, 22 February 2016 - On the basis in light of the company's preliminary unaudited figures for the 2015 fiscal year the Executive Board of Hamburg-based XING AG (ISIN DE000XNG8888) today resolved to put forward a proposal to the Supervisory Board to increase the regular dividend from EUR 0.92 per share to EUR 1.03 per share. The Executive Board also resolved to propose an additional special dividend distribution of EUR 1.50 per share. XING's liquid assets of EUR 78.0 million as of the end of 2015 and its cash-generative business model enable it to pay out a special dividend without compromising its continued growth strategy.

After approval of the audited consolidated financial statements by the Supervisory Board, the dividend distribution proposal is to be presented to the Annual General Meeting for resolution. Subject to approval by the Supervisory Board at its plenary meeting to be held on 23 March 2016, and the respective shareholder approval at the Annual General Meeting to be held on 2 June 2016, the total dividend payment will amount to around EUR 14.2 million.

22.02.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: XING AG Dammtorstraße 30 20354 Hamburg Germany Phone: +49 (0)40 419 131-793 Fax: +49 (0)40 419 131-44 E-mail: investor-relations@xing.com Internet: www.xing.com ISIN: DE000XNG8888 WKN: XNG888 Indices: TecDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart; Terminbörse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------