Derivatives: Possible adjustment due to a dividend in Surgutneftegaz (1/07)


The following Notice is based on information from the Bank of New York as the Issuer of Surgutneftegaz DRs.

Bank of New York has announced that the day of record for a proposed dividend is today, 16 March 2007, with the rate to be announced in the future. The London Stock Exchange has declared that Surgutneftegaz DRs will trade ex-dividend on the International Order Book from Monday 19 March 2007.

In accordance with Rules and Regulations for derivatives 4.47.3.6.3, as detailed in attached document, trading shall be suspended in Surgutneftegaz for the duration of the Ex Day (19 March 2007) in order to establish whether a recalculation should be made. 

Attachments

wkr0001.pdf wkr0003.pdf