4. During the general meeting celebrated on April by Russian Solikamskbumprom, 5 2004, the board of directors decided to pay 25% of dividends for 2003 fiscal year on ordinary shares, which will total RUR 101,1467 million, or RUR 220,6 per 1 ordinary share, corporate public-affairs reported.

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Russian Solikamskbumprom to pay 25% dividends for 2003 fiscal year

Apr 15, 2004. /Lesprom Network/. During the general meeting celebrated on April by Russian Solikamskbumprom, 5 2004, the board of directors decided to pay 25% of dividends for 2003 fiscal year on ordinary shares, which will total RUR 101,1467 million, or RUR 220,6 per 1 ordinary share, corporate public-affairs reported. The dividends are due to be paid between May, 7 2004 and August,6 2004 in cash and by account. Organizations will receive the dividends through bank transactions which will be performed within the schedule indicated above. The board of directors defined the number of shareholders possessing the right to receive dividends as those registered by 22.03.2004. The dividend taxes are to be paid in line with the valid legislation and will be levied by Solikamskbumprom. A shareholder will receive the dividend payment with the necessary taxes already paid.