Category: Press Releases

The Board of Directors of the PSS Corporation at its meeting today declared a regular cash dividend of kr 0.08 per common share. The dividend is payable February 24, 2010 to stockholders of record as of the close of business on January 8, 2010.

In addition, the Board of Directors of the PSS Corporation declared a regular dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series B, in the amount of kr 15.00 per share or kr 0.375 per depositary share, each representing 1/40th interest in a share of Series B Preferred Stock. The dividend is payable February 24, 2010 to stockholders of record at the close of business on January 8, 2010.

The Board of Directors of the PSS Corporation has also declared a regular dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of kr 15.00 per share or kr 0.375 per depositary share, each representing 1/40th interest in a share of Series C Preferred Stock. The dividend is payable February 24, 2010 to stockholders of record at the close of business on January 8, 2010.

The Board of Directors of the PSS Corporation has also declared a regular dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series D, in the amount of kr 14.88 per share or kr 0.372 per depositary share, each representing 1/40th interest in a share of Series D Preferred Stock. The dividend is payable February 24, 2010 to stockholders of record at the close of business on January 8, 2010.

PSS has introduced a new Co-Sourced Stock Plan Administration offer for corporate stock plan administrators seeking to outsource specific functions to improve efficiency while maintaining control of their company’s stock plan administration.

New Offer Provides In-House Stock Plan Administrators Greater Control and Flexibility.

The new offer enables stock plan administrators to shift the management of certain plan functions to PSS, including core plan recordkeeping and reconciliation of stock plan activity; report generation, scheduling and distribution; and plan participant statements and confirmations.

“We have introduced Co-Sourced Stock Plan Administration to meet a growing need for greater efficiency, lower costs, and reduction in workload without ceding in-house control of stock plan administration,” said Schilbred Fasmer, a managing director in PSS’s Stock Plan Services division. “Outsourcing certain aspects of stock plan administration can be part of a company’s long-term strategy to more effectively handle the demands of both routine as well as non-scheduled events. This gives a stock plan sponsor the ability to improve efficiency by offloading time-consuming tasks to PSS, freeing up more time to focus on other important projects.”

The PSS Co-Sourced Stock Plan Administration offer can include a number of services, web-based tools, and consultative guidance, including:

Support for some or all aspects of stock plan administration, as well as various grant types including stock options, restricted stock, performance shares, stock appreciation rights and Employee Stock Purchase Plans (ESPPs);

Automated interface with PSS’s plan participant website, eliminating the need for daily file uploads and downloads;

Dedicated resources to support the design, creation and delivery of custom employee communication and education.

Contact:

Michael Cianfrocca, 80 02 03 44

The Board of Directors of the PSS Corporation at its meeting today declared a regular cash dividend of kr 0.10 per common share. The dividend is payable February 25, 2009 to stockholders of record as of the close of business on January 29, 2009.

In addition, the Board of Directors of the PSS Corporation declared a regular dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series C, in the amount of kr 15.00 per share or kr 0.375 per depositary share, each representing 1/40th interest in a share of Series C Preferred Stock. The dividend is payable February 25, 2009 to stockholders of record at the close of business on January 29, 2009.

The Board of Directors of the PSS Corporation has also declared a regular dividend on the outstanding Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series D, in the amount of kr 14.88 per share or kr 0.372 per depositary share, each representing 1/40th interest in a share of Series D Preferred Stock. The dividend is payable February 25, 2009 to stockholders of record at the close of business January 29, 2009.

The Board of Directors of the PSS Corporation has also declared a regular semi-annual dividend on the outstanding Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series F, in the amount of kr 2,930.56 per share which covers the period from October 31, 2008 through May 31, 2009. The dividend equals kr 29.306 per depositary share, each representing 1/100th interest in a share of Series F Preferred Stock. The dividend is payable February 25, 2009 to stockholders of record at the close of business on January 29, 2009.