Source Pravda.Ru

ALROSA to pay dividends

The Supervisory Board of ALROSA, Russia's largest diamond producer, has recommended the annual shareholders' meeting to pay dividends for 2002 totaling 700m rubles ($22.58m), which is 3,500 rubles ($113) per common share, ALROSA Vice President Fyodor Andreyev declared at a news conference today.

Moreover, the Supervisory Board has approved 27 candidates for the new Supervisory Board, the election of which is to take place at an annual shareholders' meeting on June 21.

© &to=http://www.rbc.com' target=_blank>RBC

The Basmanny Court of Moscow arrested Michael Calvey, the founder of Baring Vostok investment fund, on allegations of embezzling 2.5 billion rubles from Vostochny Bank. Calvey will be held in custody until April 13

Putin informed about arrest of US investor Michael Calvey
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