Dorogobuzh Board of Directors Issues Dividend Recommendation

18 April 2017

At its meeting on 18 April 2017, Dorogobuzh Board of Directors considered a number of matters related to preparation for the annual general meeting scheduled for 19 May 2017.

In particular, Dorogobuzh Board of Directors recommended that the annual general meeting distribute (declare) dividends of RUB 2.50 per share for 2016 and proposed to set a record date for persons entitled to dividends for 1 June 2017.