Board of Directors recommended to pay 5% dividends for 2010 full year


The total Company’s revenue increased up to 50,612.5 mn RUR, Gross profit is 5 897.4 mn RUR and Net profit is 3,606.9 mn RUR. The Board of Directors considered to put 3 246.2 mn RUR for investment programme and 180 mn RUR — in a special reserve.

The Board of Directors approved 5% dividends for shareholders that totalled 180.3 mn RUR in 2010. The Board also decided to enlarge the share of TGC-1 in the JSC Khibinskaya Teplovaya Company.