Nizhniy Tagil Iron & Steel Works to pay 4.45 billion RUR worth of dividends

Nizhniy Tagil Iron & Steel Works’ Board of Directors suggested that the works’ only shareholder should pay the dividends for the first quarter of 2008. The figure comes to 4.45 billion RUR and is to be paid in rubles or U.S. dollars (upon the shareholder’s written request) in accordance with the Central Bank of Russia’s exchange rate.


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