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Inguletsky Iron Ore To Make USD 35.3 mln Dividend Payment

Inguletsky Iron Ore To Make USD 35.3 mln Dividend Payment

1 August 2008

Shareholders of Inguletsky Iron Ore (IGOK: N/R) decided on a dividend payout of USD 35.3 mln (95% of 2006 profits) at their AGM last week. The payout represents a dividend per share of USD 0.025. The remaining 5% of 2006 profits will be directed to the company’s reserve fund.

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