OREANDA-NEWS.  The Board of Directors of Svyazinvest made a decision on recommendations for the annual general shareholders meeting related to profit allocation, including the size and procedure for paying out dividends on the results of work in 2006.

The BoD adopted the following decisions at the meeting:

- Rub 200,766 as dividend payouts;
- to increase the Company’s equity capital by 50,000,000 to perform investment activity.

The annual general shareholders’ meeting was also recommended to pay out 2006 dividends in the amount of Rub 0.010286 per common share.

Also, it was recommended that Ernst & Young should be approved as the Company’s 2007 auditor.