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Concern Kalina

August 25, 2003

The extra general meeting of Concern “Kalina” has taken decision to pay out intermediate dividends at outcomes of operating in the first half of 2003 year in amount 2 rubles per ordinary share with nominal 70 rubles

The extra general meeting of Concern “Kalina” has taken decision to pay out intermediate dividends at successful outcomes of operating in the first half of 2003 year in amount 2 rubles per ordinary share with nominal 70 rubles.

Net income for this period amounts 340 881 thousand rubles, net revenue amounts 2 462 256 thousand rubles. Pay out of intermediate dividends carries out at the first time. Notice, that at the end of operating of 2002 Concern Kalina paid out dividends 2 rubles per ordinary share, at the end of operating in 2001 – 1 ruble per share, 2000 – 0.5 rubles.

Concern Kalina is the largest Russian perfumery-cosmetics company. Authorized capital amounts

585543560 rubles, number of ordinary shares with nominal 70 rubles – 8364908. The largest shareholder of Concern is it’s General Director Timur Goryaev who owns 66.04% of authorized capital. European Bank of Reconstruction and Development owns 19.23% in authorized capital of Concern.

In the structure of Concern enters parent enterprise in Ekaterinburg, factory in Omsk and also subsidiary “Pallada Vostok” (Uzbekistan), subsidiary “Torzhok” (Ukraine), subsidiary “Pallada-Ukraine” (Ukaraine), subsidiary “Novoplast” (Ekaterinburg), JSC “Lola atir Upa” (Uzbekistan), Kalina Overseas Holding B.V. (Netherlands).

Additional information you can receive at press-secretary of Concern “Kalina” Sergey Kazancev, tel/fax: (3432) 65-83-06, e-mail:pressa@kalina.org

 

 

 

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