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Thursday, May 05, 2005

Zapsibgazprom to rise dividends

04 May 2005 Gateway to Russia - OJSC Zapsibgazprom of JSC Gazprom (Tyumen) plans to increase the dividends for the 2004 and to pay 15.624 million rubles on the basis of 0.02 ruble per ordinary share and 1.116 rubles per preferred stock. For the year 2003, Zapsibgazprom paid dividends at the rate of 0.01 rubles per common stock and 0.161 rubles per preferred stock. The summary dividend payments amounted to 2.874 million rubles. Zapsibgazprom includes 150 subsidiaries and operates in over 30 regions of the Russian Federation. Gazprom directly owns 76.69 percent of company's shares.

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