Magyar Telekom (Reuters: NYSE: MTA.N, BÉT: MTEL.BU and Bloomberg: NYSE: MTA US, BÉT: MTELEKOM HB), the leading Hungarian
telecommunications service provider, announces that its subsidiary, Makedonski
Telekom AD – Skopje (MakTel), has reached a decision at its General Meeting on
a total dividend payment of MKD 6.16 billion (around HUF
29.7 billion at the 28 April 2009 HUF/MKD
exchange rate of 4.82) for the financial year 2008.
Investor Releases
2009. 04. 30. 15:07:23
Budapest, April 29, 2009
According to Macedonian Accounting Standards (MAS), on a standalone basis, MakTel recorded a net income of MKD 6.16 billion for 2008, all of which will be distributed in line with the decision of the General Meeting.Stonebridge “under liquidation”, which is 100% owned by Magyar Telekom, is entitled to a dividend payment of approximately MKD 3.5 billion (HUF 16.9 billion).
In addition, the General Meeting appointed Mr. Stefan Körber as new member of MakTel’s Board of Directors, replacing Mr. Wolfgang Hauptmann.
Forward-looking statements involve inherent risks and uncertainties. We caution you that a number of important factors could cause actual results to differ materially from those contained in any forward-looking statement. Such factors are described in, among other things, our Annual Report on Form 20-F for the year ended December 31, 2007 filed with the U.S. Securities and Exchange Commission.
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