In order to cover the shortfall between generation and consumption the company had to purchase 5,635 million kWh of electric energy from the Russian grid. According to local authorities, the sale price of energy has nearly been brought in line with production costs over the last five months. The 1998 AGM decided to pay an R0.03 dividend per common share and R0.101 per preferred share. The information contained herewith is based on information made available to the public and is for information purposes only. Information sources are deemed reliable by RMG Securities, however RMG Securities abstains from any liabilities determined from the information herewith.
Analysis is based on dated market information and is subject to change.