News

PT. AKR Corporindo, Tbk

AKRA Declares Special Interim Dividend of Rp 135 Per Share

February 23, 2011

FOR IMMEDIATE RELEASE

AKRA Declares Special Interim Dividend of Rp 135 Per Share

JAKARTA, Feb 23, 2011 - PT AKR Corporindo, Tbk. (Bloomberg: AKRA IJ), Indonesia’s leading private distributor of petroleum and basic chemicals, today announced special interim dividend of Rp 135 per share or in aggregates of Rp 512 billion, which will be paid on March 29, 2011 to shareholders on record as at March 16, 2011.

The dividend represents 30.5% of the extraordinary profit of approximately Rp 1.67 trillion booked on the closing of the divestment of shares in PT Sorini Agro Asia Corporindo Tbk.

Mr. Haryanto Adikoesoemo, President Director of AKRA, said, “The decision to pay a special interim dividend is consistent with the Company’s policy to pay at least 30% of the profit of the Company to our shareholders. This announcement also reflects our strong financial position, and our confidence in our long term growth prospects.”

“AKRA will continue to invest in its core business in infrastructure logistic, distribution of petroleum and basic chemicals, and energy related sectors where it sees a significant market opportunity leveraging our strong infrastructure capabilities.”, he said.

The special interim 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

11 March 2011

2

Stock Exchange Trading Dates not quoting Cash Dividend (Ex Dividend) in the Regular Market and Negotiated Market

14 March 2011

3

Stock Exchange Trading Dates quoting Cash Dividend (Cum Dividend) in the Cash Market

16 March 2011

4

Stock Exchange Trading Dates not quoting Cash Dividend (Ex Dividend) in the Cash Market

17 March 2011

5

Determining Date of the Shareholders entitled to receive Cash Dividend in their Securities Accounts (Recording Date)

16 March 2011

6

Cash Dividend Payment Date

29 March 2011

 

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