BERKSHIRE HATHAWAY INC.
NEWS RELEASE
Berkshire Hathaway Inc. Shareholders Approve 50-for-1
Split of Its Class B Common Stock
FOR IMMEDIATE RELEASE January 20, 2010
Omaha, NE (BRK.A; BRK.B)—Berkshire Hathaway Inc. announced that at a Special Meeting of
Shareholders held earlier today, its shareholders approved amendments to Berkshire’s certificate of incorporation that provide for a 50-for-1 split of its Class B Common Stock. As a result each existing outstanding share of Class B Common Stock will be exchanged for fifty shares of New Class B Common Stock. There will not be a record date or a payable date. The New Class B Common Stock will begin trading on the New York Stock Exchange as of the opening of the market tomorrow and the existing Class B Common Stock will cease trading as of the close of the market today.
Berkshire’s Class A Common Stock is not being split. However as a result of the amendments to
our certificate of incorporation, beginning tomorrow each share of Class A Common Stock will
be convertible into 1,500 shares of New Class B Common Stock.
Berkshire Hathaway and its subsidiaries engage in diverse business activities including property
and casualty insurance and reinsurance, utilities and energy, finance, manufacturing, retailing and services. Common stock of the company is listed on the New York Stock Exchange, trading
symbols BRK.A and BRK.B.
— END —
Contact
Marc D. Hamburg
402-346-1400
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