Vision increases dividend

The Board of Directors Vision International People Group Public Ltd. (VIP), having adopted a stable policy of declaring dividends of at least 75% of the Company’s profits available for distribution, have decided to increase the dividend for 2006.

The Directors propose a final dividend for 2006 of US$8,85 mln or US$0,118 per share (EUR 9.08 cent) for a dividend yield of 6.8% based on the EUR 1.30 price prevailing on the CSE. The final dividend is subject to the approval of the Shareholders at the Annual General Meeting to be held on 28 September 2007, in Moscow. The final dividend is expected to be paid within thirty days of the Annual General Meeting.

The dividend for 2006 is significantly better than the final dividend of US$0,082 per share (US$6,15m) proposed in 2006 to be paid out of the profits for the year to 31 December 2005.

The main activity of the Vision International People Group, is the distribution of a wide range of health care products incorporating biologically active food supplements and cosmetics based on natural components complementing the Group’s “Whole Health Option” philosophy.

For the distribution of the products, the Group has since 1996 successfully established 38 Vision Customer Centres through its franchisees and subsidiaries in 18 countries mainly in Russia, the CIS, the Baltics, Asia and Europe. The Group has 6 signed franchisee agreements, operates 31 subsidiaries for the retail sale of its products through the Vision Customer Centres, 3 logistics and warehousing companies and a representative office in Moscow.

The VIP Group has a ten-year operating history, and for the year ended 31 December 2006 had net sales of USD100.3 mln (2005: USD80,6m) and net profit attributable to equity holders of the parent company of USD11.8m (2005: US$8,2m).

The Group markets more than 45 different quality proprietary products, in three core product lines: Vision biologically active food supplements; Cosmetic line Millennium Alliance and Tri-Active and Quadractive Bracelets.

Vision is listed in the Main Market of the Cyprus Stock Exchange and as at April 2007 had a market capitalisation of EUR 100 mln.