Sole shareholder of Ulbinskiy metallurgic plant JSC (Kazakhstan) confirmed the annual financial statements and accepted the decision about dividends payment on common shares for year 2006

11.12.07 17:23
/IRBIS, Dinara Mukasheva, December 11, 07/ - Ulbinskiy metallurgic plant JSC (Ust-Kamenogorks, further - the company), bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had provided KASE with the copy of decision of the sole shareholder of the company - National atomic company Kazatomprom JSC (Almaty, NAC Kazatmoprom JSC) dated November 29, 2007. According to the provided document sole shareholders of the company accepted the next decisions: - to confirm annual financial statements of company for year 2006; - to direct KZT486,719 th. from sum of net income of company for year 2006 on payment of dividends on common shares calculating KZT200 per one common share; - to determine December 21, 2007 as date of start of dividends payment on common shares of company for year2006. Term of dividends payment - till December 31, 2007; - list of shareholders having the right for receiving of dividends on common shares, to compile as of December 20, 2007; - to make payment of dividends in cashless form or by offset for debts between the company and NAC Kazatomprom JSC; - to publish in mass media the financial statement by results of year 2006 and also decision about dividends payment on common shares of the company for year 2006 during 10 working days since day of the given decision acceptance; - do not charge remuneration to members of company's Board of directors for year 2006; - to determine KPMG Audit LLP as audit organization, conducting audit of financial statement of company for year 2006. Original copy of decision of sole shareholder of the company is available at http://www.kase.kz/emitters/scan/ulba/ulba_resh_291107.pdf [2007-12-11]