OREANDA-NEWS. January 21, 2010. Sibirtelecom has executed its obligations for dividends payable on common shares. 

The decision to pay out dividends and the amount was approved by the General Shareholders Meeting of Sibirtelecom which took place was June 20, 2009. 

On December 31, 2009 the deadline expired for paying out dividends on common shares of Sibirtelecom, which accrued on the results of 2008. 

The total amount of dividends payable on the Company’s common shares amounts to RUR 312,693,162. 

The total amount of 2008 dividends scheduled for payout is equal to RUR 316,056,016. 

The Company has fulfilled 98.9% of its obligation to pay out dividends on common shares.  The reason for incomplete execution of this obligation is the failure of shareholders to appear, and changes in the banking details or addresses of shareholders.