19.05.2010
Resolution of the Supervisory Board on the opinion of the Board considering allocation of net profit
Management Board of Stalprofil SA announces that the Supervisory Board at its meeting held on 18 May 2010 made a resolution on the opinion of the Board to request the Annual General Meeting for a distribution of profit for the year 2009. Supervisory Board has not recommended to the General Assembly proposals of the Board to share the profit for 2009 (Recommendation of the Board - current report no. 4/2009).
The Supervisory Board did not raise any objection to the Management\'s proposal to establish the right to dividend on 20.09.2010 and the payment of dividend on 08.10.2010.
The full text of the report of the Supervisory Board on review of financial statements of the Company, the Management Board\'s report on the activities of the Company and the proposal for distribution of net profit for the year 2009 with evaluation of the Supervisory Board on the situation of the Company in 2009 is attached.
The Supervisory Board did not raise any objection to the Management\'s proposal to establish the right to dividend on 20.09.2010 and the payment of dividend on 08.10.2010.
The full text of the report of the Supervisory Board on review of financial statements of the Company, the Management Board\'s report on the activities of the Company and the proposal for distribution of net profit for the year 2009 with evaluation of the Supervisory Board on the situation of the Company in 2009 is attached.