OREANDA-NEWS. The Board of Directors of OJSC “Volzhskaya HPP” recommended the extraordinary general meeting of shareholders of the company to make a decision on payment of dividends for nine months of 2006 at the rate of 0,0293794 roubles per one ordinary share and 0,0293794 roubles per one preferred share of the company.

The Board of Directors has defined the date of carrying out of the annual meeting of shareholders - on December 25. At the meeting, the shareholders will make a decision on the size of dividends under shares and order of their payment; it will consider the issue on assignation of station in rent to OJSC “HydroWGC”.

Besides, shareholders will consider the draft contract on granting services on maintenance, operation and repair of equipment between OJSC “Volzhskaya HPP” and OJSC “HydroWGC”.