Today, July 13, 2007, MMK Board of Directors approved August 30, 2007 as the date of the extraordinary general shareholders’ meeting.

The Board made a recommendation to the extraordinary general shareholder’s meeting that for the period of 6 months 2007 dividends be paid in the amount of RUR 0,418 per ordinary share. 

The record date is thus set at July 16, 2007 (3 p.m. Moscow time).