Silver deal?

The board's next meeting is scheduled for Nov 8. The board's deputy head Jerzy Markowski said the board merely touched upon Polkomtel during its last sitting and did not discuss the prospects for the fixed-line telecom Dialog, 100%-owned by KGHM. Recently, the Treasury Ministry called on the Polish shareholders of Polkomtel, the operator of Plus GSM and Sami Swoi networks, to decide on the sale of their stakes in 1.5 months. Markowski also said that the board has approved KGHM's development plan for 2005-2020 and the draft economic plan for 2005-2009, but failed to spell out any details. However, in early September, KGHM's deputy CEO Andrzej Szczepek said the company plans to invest zł.3 billion over five years. (ISB J.T.)