Intransmash-Engineering AD to Allocate Profit in the “Investment, Improvement & Development” Fund

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The shareholders of Intransmash-Engineering AD-Sofia will vote a proposal to allocate the profit generated by the company in 2006 in the “Investment, Improvement & Development” fund. This will happen at the forthcoming general meeting of the company scheduled 29 May 2007, BSE announced.

The shareholders are also to vote changes in the company’s management, as well as the replacement of the Board member Nikolay Vutov with Floriana Raykova.

The last date for transacting shares of this company on the BSE-Sofia, as a result of which the holder will be entitled to exercise their voting right at the GMS, is 11 May 2007.

The company posted a 425 000 profit in 2006 compared with a profit of 91 000 the previous year. Its core capital stands at 244 000, while its own capital is 7,632 mln leva.

The company expects a profit of 95 000 leva in the end of this year, its registration document shows.

2 shares on this position have been traded so far at 15.00 leva per share - 11.76% lower than the previous trading session.

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