KGHM shareholders to receive bumper dividend pay out

"The session will concern among others investor relations and foundations for 2006 budget," said Andrzej Kowalczyk, a director from KGHM. Analysts expect that profit in 2006 will amount to roughly zl.1 billion, while it reached a record high level of zl.1.76 billion in 2005. "Bearing in mind recent copper prices, it is possible that I might have to revise my forecast. The cycle might be shifted," said Sebastian Slomka, analyst with BDM PKO BP. He went on to say that paying out as much as zl.2 billion of profits in the form of dividends would not influence KGHM's financial situation. According to company's policy, it pays out 30% of its net profits in the form of dividends and thus shareholders should receive as much as zl.600 million. (Puls Biznesu, pp. 1, 8) M.M.