OREANDA-NEWS. TMK announces that its shareholders duly approved the resolutions proposed at the Extraordinary General Meeting of Shareholders (EGM), which took place on December 25, 2014, in the form of an absentee voting.

Shareholders voted to approve interim dividends, for the first 6 months of 2014 in total amount of RUR 393,786,159.48 (approximately USD* 7.23 mln.). Dividends will be paid proportionally to a quantity of shares owned by a shareholder. The date on which the list of persons entitled to receive dividends is January 12, 2015.

*As of December 25, 2014, the Russian Central Bank exchange rate stood at 54.4913 RUR/USD.