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PT. AKR Corporindo, Tbk

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AKRA Announces Interim Cash Dividend of Rp 30 Per Share

November 01, 2010

PT AKR Corporindo, Tbk. (Bloomberg ticker: AKRA), Indonesia’s largest private distributor of basic chemical and petroleum, today announced interim dividend of Rp 30 per share or in aggregate of Rp113.79 billion. The Board of Commissioners of the Company approved the proposal of the Board of Directors and the dividend is payable on December 9, 2010 to shareholders of record as of November 24, 2010.

The company reported an increase of 17% YoY in net profit to Rp 225 billion during the nine months of 2010. In the last 6 years, the Company has consistently made a payout of cash dividend of over 30% of its net pro ofit.

The Cash Dividend distribution schedule is as follows:
 

No    Activity    Date
 1 Stock Exchange Trading Dates quoting Cash Dividend (Cum Dividend) in the Regular Market and Negotiated Market 19 -11- 2010
 2 Stock Exchange Trading Dates not quoting Cash Dividend (Ex Dividend) in the Regular Market and Negotiated Market  22-11-2010
 3 Stock Exchange Trading Dates quoting Cash Dividend (Cum Dividend) in the Cash Market  24-11-2010
 5 Stock Exchange Trading Dates not quoting Cash Dividend (Ex Dividend) in the Cash Market  25-11-2010
 5 Determining Date of the Shareholders entitled to receive Cash Dividend in their Securities Accounts (Recording Date)  24-11-2010
 6 Cash Dividend Payment Date  09-12-2010



Regards

Haryanto Adikoesoemo
President Director
PT AKR Corporindo Tbk.

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