OREANDA-NEWS. Uralsvyazinform’s Board of Directors has provisionally approved the annual report and annual accounting, including profit and loss statement and profit distribution as of 2006.

The Annual General Meeting is also recommended to approve the pay-out of 2006 dividend at the rate of:

- RUR 0.026606 per 1 preferred share payable till August 14, 2007;
- RUR 0.016393 per 1 common share payable till December 15, 2007.

The total amount of dividend payment, if approved by AGM, would amount to RUR 737,957 thous. or 35.4% of net profit of the company as of 2006 under RAS.

The rest of net (retained) profit in the amount of RUR 1, 346,733.5 thous is recommended for the increase of equity capital.