The extraordinary general meeting of the OJSC Concern “Kalina” has taken a decision to pay interim dividends for the first half year of 2004 in the amount of 3,75 rubles per one common share at face value of 70 rubles.
The extraordinary general meeting of the OJSC Concern “Kalina” has taken a decision on the 10th August, 2004 to pay interim dividends for the first half a year in the amount of 3,75 rubles per one common share at face value of 70 rubles. The dividends will be paid within 30 days of the date of the meeting. The last date when the obligations to pay dividends on securities is to be fulfilled is determined the 9th September, 2004. The dividends on common shares have totaled 36 million 571 thousand 166 rubles 25 kopecks. The dividends will be paid in cash.
We are reminding you for the first half a year of 2003 the dividends amounted 2 rubles per one common share at face value of 70 rubles. The concern pays dividends annually starting for the year when the company became a joint-stock company in 1992. The size of dividends and period of payment of dividends are approved at the general meeting. In 2003 the dividends amounted 7,5 rubles per one common share at the face value of 70 rubles (interim dividends for the first half a year of 2003 were 2 rubles per share, for the second half a year – 5,5 rubles). In 2002 – 2 rubles, 2001 – 1 rubles, in 2000 – 0,5 rubles.
About the company. JSC concern “Kalina “ is one of the leaders of the Russian perfumery and cosmetics producers. The leading brands of the company are “Black Pearl”, ”Clean Line” and “MIA” among the skin-care products, “32”, “Forest Balsam”- on the mouth-care market, ‘Angelica Varum” – among perfumes.
Concern “Kalina” consists of factories as follows, except factory in Ekaterinburg:
- Omsk factory of detergents
- Subsidiary "Pallada Ukraine" (Ukraine)
- Subsidiary factory "Novoplast"
- Kalina Overseas Holding B. V. (Netherlands)
Further information you may get from the press-secretary of the JSC concern ‘Kalina”- Kazantsev Sergey, tel./fax.(343) 365 83 06, e-mail: pressa@kalina.org.
Statements on development prospects of the company. Certain information of the present press-release may contain forecasts or any other statements on the development prospects or future financial indices of the JSC concern ‘Kalina”. You should bear in mind that these statements do not guarantee attaining the stated results
or occurrence of any forecast events of company’s performance. They include risks, uncertainty and assumptions which the company can not exactly forecast. Correspondingly, actual indices and results of company’s operation may considerably differ from the stated data or forecasts shown in the statements on the development prospects of the company. The company does not intend to make any changes in the indicated statements in order to bring them into accord with actual results.
Not for distribution in the USA.
The present press-release is not a security sales offer in the USA. Securities can not be offered for sale or be sold in the USA without registering them in the US Committee on Securities and Exchanges or according to the exceptions to the registering rules.
Present announcement is for distributing among persons who may receive it in the circumstances in which article 21(1) of the Law of financial service and markets 2000 does not apply to the company.
Copies of the present announcement are not being directed to or cannot be distributed in Canada and Japan.
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