OREANDA-NEWS. Raspadskaya, one of the Russia’s leading coking coal producers, has announced today that Company’s Board of Directors has recommended for the approval by Extraordinary General Meeting of an interim dividend of RUR1.25 per share for 9 months 2007. Interim dividends will be payable until 6 February 2008 to the shareholders on records as of 25 October 2007.

Commenting on the decision, Alexander Vagin, Chairman of the Board, said: “Declaration of the interim dividends demonstrates once again our commitment to the principles of shareholders’ value. Our minority shareholders shall consider these interim dividends as related to our interim IFRS results for the six months ended 30 June 2007. Board of Directors was pleased to submit this proposal taking into account our strong profitability in combination with a fully funded capital expenditure programme being implemented within the budget.”

Company’s EGM by voting in absentia will take place on 7 December 2007 in Mezhdurechensk (Kemerovo Region) with the following agenda: “Dividend payout to the shareholders of OAO Raspadskaya for 9 months 2007”.