Declaration of dividend / Composition of Supervisory Board

28 april 2011 Declaration of dividend The Annual General Meeting of Shareholders of Beter Bed Holding N.V. that was held on 28 April 2011 declared a final dividend of € 0.83 per ordinary share of nominally € 0.02 each for the 2010 financial year. An interim dividend of € 0.47 was paid in November 2010. The total dividend for 2010 consequently amounts to € 1.30, resulting in a pay-out ratio of 100%. A dividend of € 1.04 was paid for 2009 (pay-out ratio: 93%). The final dividend will be paid entirely in cash. The following schedule will apply to the payment of the dividend: 2 May 2011       listing ex dividend 4 May 2011       record date 16 May 2011     payment of dividend Dividend policy The dividend policy of Beter Bed Holding N.V. is aimed at maximising shareholder profit while maintaining a healthy capital position. The company's objective is to, subject to certain conditions, pay out at least fifty percent of the net profit to shareholders. This will be done in the form of payment of an interim dividend following publication of the third-quarter figures and payment of a final dividend following the adoption of the financial statements and following the approval of the dividend proposal by the Annual General Meeting of Shareholders. This method makes it possible to spread the payment of dividend more evenly across the year. The company's solvency must never fall below thirty percent on any given publication date as a result of the payment of dividend. The net interest- bearing debt/EBITDA ratio may never exceed two. Composition of Supervisory Board Ms E.A. de Groot-Theodoridis was appointed to the position of Supervisory Director of Beter Bed Holding N.V. effective 1 May 2011 at the Annual General Meeting of Shareholders of Beter Bed Holding N.V. on 28 April 2011. Ms De Groot-Theodoridis (1965) earned a degree in Business Economics from the University of Amsterdam. She then went on to complete the Registered Investment Analyst course of study conducted by the Dutch Association of Investment Professionals (VBA). From 1987 to 2008, she worked at ABN AMRO Bank where she held a wide range of positions, serving the last five years as Executive Vice President at Group Risk Management. She has been established as an independent adviser and interim manager since 2009. In this role she fulfils projects within the financial sector. Her commissions have included acting as interim CFO at Van Lanschot Bankiers for nine months. Ms De Groot-Theodoridis has the Dutch nationality and does not hold any other supervisory directorships. She does not hold any shares in the company. The Supervisory Board nominated Ms De Groot-Theodoridis for the position of Supervisory Director due to her personality, financial expertise and national and international business experience. The Corporate Governance Code stipulates that the Supervisory Board must include a member who is a financial expert and the Supervisory Board is confident that this requirement has been fulfilled with the appointment of Ms De Groot-Theodoridis. At the Annual General Meeting of Shareholders on 28 April 2011 Mr M.J.N.M. van Seggelen (Chairman) and Mr E.F. van Veen (Vice Chairman) have stepped down as members of the Supervisory Board. The Supervisory Board of Beter Bed Holding N.V. is consequently now comprised of Mr D.R. Goeminne (Chairman), Mr A.J.L. Slippens (Vice Chairman), Mr J. Blokker, Mr C.A.S.M. Renders and Ms E.A. de Groot-Theodoridis. Profile Beter Bed operates in the European bedroom furnishings market. Its activities include retail trade through a total of 1,127 stores at the end of March 2011 that operate via the chains Beter Bed (active in the Netherlands), Matratzen Concord (active in Germany, Austria, Switzerland, the Netherlands, Belgium and Poland), El Gigante del Colchón (active in Spain), BeddenREUS, Dormaël and Slaapgenoten (all three active in the Netherlands) and MAV (active in Germany). Beter Bed Holding is also active in the field of developing and wholesaling branded products in the bedroom furnishings sector in the Netherlands, Belgium, Germany and Spain via its subsidiary DBC International. Beter Bed Holding achieved net revenue of € 374.7 million in 2010. The company has been listed on Euronext Amsterdam since December 1996. The Beter Bed Holding share is included in the Amsterdam Small Cap Index. -------------------------------------------------------------------------------- For more information, please contact: Ton Anbeek, Chief Executive Officer Tel. +31 (0)413 338819 / Fax +31 (0)413 338829 / Mob. +31 (0)6 53662838 E-mail:ton.anbeek@beterbed.nl / Website: www.beterbedholding.com Please click on the link below for the Pdf version of this press release. press release 28-4-2011 nabeurs.pdf: http://hugin.info/132850/R/1508684/443488.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Beter Bed Holding NV via Thomson Reuters ONE [HUG#1508684]