Friday, March 14, 2008

The Board of Directors of PT Inco Tbk Proposes Final Dividend For 2007

- (All dollar amounts are expressed in United States currency)

Jakarta, March 13, 2008 (ANTARA) - The Board of Directors of PT International Nickel Indonesia Tbk ("PT Inco" or the "Company") has proposed to the Company's Board of Commissioners a dividend of US$0.02264 per share, consisting of a final dividend for 2007 of US$0.0025 per share and an extraordinary dividend of US$0.02014 per share. This dividend, when combined with the interim dividend of US$0.09787 per share paid in December 2007, would amount to a total dividend of US$0.12051 per share for 2007. This proposed 2007 dividend compares with a total dividend of US$0.0525 per share in 2006. Per share figures noted here reflect the 10-for-1 stock split effective on January 15, 2008.

The recommended dividend is subject to the concurrence of the Board of Commissioners and will be presented at their next meeting on March 25, 2008. If accepted by the Board of Commissioners, the dividend recommendation will be presented for shareholder approval at the Company's Annual General Meeting on March 26, 2008.

For further information, please contact:
Indra Ginting, Director of Investor Relations gintiin@inco.com
Claudio Bastos, Vice Presiden, CFO cbastos@inco.com
or www.pt-inco.co.id

COPYRIGHT © 2008

No comments: