KazTransOil JSC (Kazakhstan) has paid dividends on common shares for 2004 for the amount KZT857.1 m.

28.12.05 21:18
/KASE, December 28, 05/ - KazTransOil JSC (Astana, hereinafter - company), whose bonds are circulating in Kazakhstan stock exchange's (KASE) official "А" listing category, provided KASE with copy of order (decision) of its sole shareholder - National company KazMunaiGas JSC - dated July 22, 2005 #306. According to submitted document the company's sole shareholder accepted the following decisions: - to approve the company's financial statement for 2004; - net income in the amount KZT8.6 bn., earned by the company within 2004, to distribute in the following way: KZT857.1 m. to pay dividends for 2004, KZT7.7 bn. to keep with the company; - to pay to the company's sole shareholder dividends on common shares by the results of 2004 in the amount KZT857.1 m. (including tax - KZT128.6); - to approve size of dividends in calculation one common share of the company in the amount KZT26.04; - to pay dividends to the company's sole shareholder with money by transfer to banking account during 60 calendar days from the day of signing of order by the sole shareholder. The company's primary types of activities - services on transportation of oil, oil products and water through pipeline, sea and railroad transport. [2005-12-28]