Today, 22 June is the ex-dividend date for trade with the stock of Fazan AD.

The general meeting of shareholders held 12 June approved dividend distribution in the amount of 0.40 leva/share (0.372 leva net dividend per share).

Dividend payment starts September 10, 2007.

Fazan AD Rousse posted net revenues in the amount of 1.873 mln leva (957 649 euros) in 1Q, compared with 901,000 leva (460 673 euros) for the respective period a year ago. The company's profit increased 10-fold against 2006 first quarter – from 12,000 leva (6 135,5 euros) to 128,000 leva (65 455,3 euros).

Stara Planina Hold controls 74.72% of its capital. Fazan AD's stock was traded at prices between 12.46 leva and 13.00 leva per share yesterday.