PARFINA

A Belgian holding company with a 1.65% stake in Umicore In 2009.

Umicore improved its performance during the second half of the year as compared with an extremely weak first half, stimulated by the considerable growth in Precious Metals Services and Advanced Materials. Sales volume over the whole year suffered from the fall in demand and from customer destocking. Umicore is continuing to build the foundations of its future growth by investing significant amounts in its R&D activities and in internal and external expansion projects.

In 2009, Umicore recorded:

• Revenues of EUR 1.7 billion (down 18%)
• An EBITDA of EUR 259 million (a decline of 47%)
• Recurring EBIT of EUR 146.4 million (a decline of 59%)
• A profit per share adjusted to EUR 0.73

Umicore will be proposing a gross dividend of EUR 0.65 per share in 2009. The company foresees an improvement in recurring EBIT in 2010 thanks to the cost reduction programme set up during 2009 (see also www. umicore.com)