OREANDA-NEWS  On 08 October NOVATEK (hereinafter “NOVATEK” and/or the “Company”) announced that the Extraordinary General Meeting of Shareholders (“EGM”) approved the Company’s dividend payment based on NOVATEK’s results for the first half of 2008 prepared in accordance to Russian accounting standards.
 
The EGM resolved to pay dividends in the amount of RR 1.00 per one ordinary share or RR 10.00 per one Global Depositary Receipt. The total dividend distribution for the first half of 2008 amounts to RR 3,036,306,000.
 
The interim dividend is payable 60 days after shareholder approval, to shareholders of record of the list of persons entitled to receive dividends compiled on 24 July 2008, which also coincided with the date for making a list of those entitled to attend the Company’s EGM.