OREANDA-NEWS. OJSC Novolipetsk Steel (LSE: NLMK) announces the results of voting at the Annual General Meeting (AGM) held on June 5, 2007.

Shareholders approved the Company’s 2006 annual report, annual financial statements, statement of income, and allocation of profit including dividend payment for the financial year 2006.

According to the press service of NLMK, NLMK’s shareholders approved the final dividend for 2006 of RUR 3.0 per ordinary share.

Including the interim dividend of RUR 1.5 per ordinary share already paid for the first six months of 2006, the AGM approved the payment of an additional RUR 1.5 per ordinary share. Payment of the dividend on ordinary shares will be made before September 3, 2007.