Possible changes in Polkomtel management board

Until now, the domestic shareholders have changed the president of the company, and Denmark's TDC swapped the Financial Director. "Further changes in the management should be expected," declared supervisory board chairman of Polkomtel and deputy president of KGHM, Maksymilian Bylicki. Personnel changes are to be made in June, while a decision concerning a pay out of a dividend should be made during the nearest general shareholders meeting which is planned for this Wednesday. The management proposed to earmark half of 2005 profits, which amounted to over zł.1 billion, to be paid out as dividends. It has also been revealed that the management will vote whether to use a share of profits from previous years also to be paid out as dividends, in which case the shareholders could count on a total dividend payout of zł.2.5 billion. (Puls Biznesu, pp. 1, 6) A.K.