SUAL-Holding not to pay dividends

At today's annual meeting, shareholders of SUAL-Holding decided not to pay dividends for 2002 and to allocate profits for the company's development, the press service of the holding reported to RBC.

The general annual shareholders' meeting adopted the annual report, financial statements, including the 2002 profit and loss report, and profit and loss distribution of the company for the last year's activities. Additionally, shareholders elected the Board of Directors of the holding and an audit commission, and approved a new version of the company's Articles of Association.

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