Mangistaumunaigas OJSC (Kazakhstan) to pay KZT 100 per preference share in dividends for 2003

/KASE, September 13, 04/ - Mangistaumunaigas OJSC (Aktau), whose shares are circulating in the official "B" listing category of Kazakhstan stock exchange Inc. (KASE), has presented to KASE the copy of minutes of the annual general shareholders meeting, which was held on June 15 of 2003. In accordance with the agenda shareholders of Mangistaumunaigas OJSC added agenda of the meeting with two articles (Election of new members of the Board of Directors and Approval of the Company's Chapter) and approved members of accounting commission; annual financial statement and report of Auditing commission for 2003, report of auditing firm KPMG Janat made on company's consolidated financial statement for 2002, included changes in the company's charter, and made following decisions: - Spend KZT 108.6 m for dividend payment on company's privileged shares for the year 2003; spend KZT 13.2 bn on construction of seamless pipes factory; - Not to charge dividends on the company's common shares following results of the year 2003. - Approve the size of dividend on privileged shares calculated as KZT100 per 1 share; - Set December 27, 2004 as the date of start of dividend payment on the company's privileged shares for 2003, date of compiling a list of shareholders, who have the right to receive dividends - December 26, 2004; - Increase authorized capital (emission of common shares) to KZT 36,315,334.0 thousands; - Appoint new members of the Board of Directors: Sarsenov R.T., Saddeki A.I., Ginatulin U.M., Abishev S.K. - Set a term of office for the Board of Directors; Company's primary activities - extraction and transportation of oil and gas; oil refining, sale of oil and oil products; prospecting and exploration of oil and gas fields. [2004-09-13]