PUBLICLY ANNOUNCED DIVIDEND POLICY
As one views our Company’s past profit and dividend performance, it will be clear that our Company is profitable, even at distressing times, and 50% or more of our net profit has been distributed to our shareholders as dividend since 1994, the year we went public. This concept shall be supported for the coming periods. The dividend policy of our company for 2009 and the following years is to distribute dividend as 50% of the distributable profit. However, this policy shall be revised every year, according to the latest advances in domestic and international financial circumstances, investment opportunities, and financing capabilities. Every year, the profit distribution proposal is submitted by the board of directors to the approval of the shareholders at the general meeting, in accordance with the CMB regulations.