TLA AGM approves dividends

During the AGM of Telia Aqua Marine Ltd. of 12 June 2002, the accounts, board’s report and auditors report for the year ended 31 December 2001 were approved. Ms Elli S. Hasikou and Mr. Costas Charalambous were re-elected and the directors remuneration was set at the same levels as the previous year. Messrs Gregoriou & Co. were appointed as auditors and the board authorised to set their remuneration for 2002.

Shareholders also endorsed the board’s proposal for payment of 2 cents dividends for ordinary shares for the year 2001 to shareholders registered as at 28 June 2002, with the last day of trading of shares cum-dividend being 25 June 2002.