YUKOS posts 2002 dividends

At today's general annual meeting, shareholders of the YUKOS Oil Company have approved dividends for 2002, which will amount to RUR9.89 (about $0.33) per common share, representatives of the company reported at a press conference. In total, YUKOS will allocate RUR22.120bn (about $700m) for paying dividends, taking into account RUR12.750bn (about $419.68m) in dividends paid for nine months of 2002, which is RUR5.7 (about $0.19) per common share. The participants of the meeting decided to complete the payment of 2002 dividends to shareholders, listed registered in the registrar as of May 3, 2003, on August 31, 2003. The remaining part of the dividends will amount to RUR4.19 (about $0.14) per common share.

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