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North-West Telecom

December 16, 2005

The amount of dividend for the year 2004 paid by OJSC North-West Telecom in 2005 is 331 million roubles

The 15th of December 2005 was the final day of the period of dividend payment under common and preferred shares, accrued according to the results of OJSC NWT's activities in the fiscal year 2004.

The total amount of paid dividend is 331,051,000 roubles, or almost 25% of company's net profit for 2004, including   

 - 214,056,000 roubles under common shares; and

 - 116,995,000 roubles under preferred shares.

The decision on payment and the amount of the dividend have been approved by the general meeting of the shareholders held on 27th June 2005.    

The total amount of paid dividend accrued on

 - common shares is 218,499,000 roubles  (0.248 roubles per share) and on

 - preferred shares is 117,423,000 roubles  (0.469 roubles per share).

The outstanding amount is 4,870,000 roubles these are dividends of the shareholders who have provided incorrect, incomplete or outdated data on bank account details or on the mailing address in the dividend receipt form.

 

 

 

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