Dividend information and policy

The Company expects to invest the majority of any profit for the year to fund its capital requirements.

Subject to reviewing its capital position against its current and expected future capital requirements, HMS Group intends to return not less than 25% of profit for the year, as set out in its consolidated IFRS financial statements, to its shareholders, in the form of dividends. From time to time, the Company may reconsider its dividend policy.

The Board of Directors has not yet made any recommendation as to any payment of cash dividends in respect of the year ended 31 December 2010. Under the Joint Venture Agreement, HMS Technologies, the principal shareholder of the Company, and certain other shareholders of the Company have agreed to procure that the Company will not declare, make or pay any dividends for the year ended 31 December 2011, unless those shareholders otherwise agree.