Muskita proposes final divident of 3 cents

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The Board of Directors of Muskita Aluminium Industries Plc having approved the final audited consolidated results for the year ended December 31, 2006 fixed the date of the AGM for September 19, 2007 at 6.30 pm at the Company’s office, Limassol Industrial Area. 

Decided to propose to the AGM the payment of a final dividend of 3 cents per share (5.16 euro cents per share), that is, 30% on the nominal value of 10 cents, which stands at CYP2,475,000 for 2006. 

In 2007, the Company has already submitted a dividend of CYP1,650,000 from the profits of 2006, which corresponds to 2 cents per share or 20% on the nominal value of the share of 10 cents.  The total dividend that will be paid in 2007 from the profits of 2006 stands at CYP4,125,000, that is, 5 cents per share or 50% on the nominal value of the share.

The date of payment and the record date will be decided at a later meeting of the Board of Directors.

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