Lotos' luck

The plan failed and now Lotos is left holding nothing but Glimar's worthless shares. However, the situation is not so serious for Lotos because the company's owners, Nafta Polska and the Treasury, imposed dividends of 3% instead of 15% for 2003 and may do so again for 2004. Grupa Lotos's profit for 2004 was over zł.500 million.