Sole shareholder of Zhayremskiy ore mining and processing combine JSC confirmed the Board of directors and accepted the decision about payment of dividends on preferred shares by results of year 2006

11.01.08 20:32
/IRBIS, January 11, 08/ - Zhayremskiy ore mining and processing combine JSC (Karaganda region), bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list had provided KASE with the copy of decision of its sole shareholder - company ENRC N.V. (Amsterdam, Kingdom of Netherlands), dated November 19, 2007. According to the provided document the sole shareholder of company accepted the next decisions: - to confirm Board of directors of Zhayremskiy ore mining and processing combine JSC for 3 years' term in next staff: Til V.V., Edilbayev I.B., Baymuldin T.K.; - to confirm annual financial statement of the company by results of year 2006; - to direct not less than 50% from shares' face value on payment of dividends on preferred shares by results of year 2006, not to pay dividends on common shares; - to confirm size of dividends on preferred shares of the company for year 2006 in size of KZT85.0 (equivalent of $1 by rate of National Bank of Republic of Kazakhstan as of February 5, 1999) per one preferred share for total amount of $9,689.0 or KZT823,565.0, minus tax in size of $9,204.55 or KZT782,387.0 at market rate as of moment of charging. Term of payment of dividends on preferred shares should be set since August 31, 2007; - to confirm deals more than KZT14.0 m., enclosed by company in year 2006; - to confirm new edition of charter; - to confirm methods of determination of shares' cost while redeeming of them by the company. Original copy of given decision is available on the web site of KASE at http://www.kase.kz/emitters/scan/jgok/jgok_resh_191107.pdf [2008-01-11]