26th Apr 2007 16:58
Al EZZ Steel Rebars S.A.E.26 April 2007 Dividend payment Al EZZ Steel Rebars S.A.E. Al Ezz Steel Rebars S.A.E. ("Ezz Steel") (CASE: ESRS; London Stock Exchange:AEZD), announces that as per the approval of the Annual General Meeting, held on14 April 2007, the dividend of one Egyptian Pound per share (one GDR = threeshares) will be paid to shareholders registered at the close of business on 13May 2007 and the payment date will be on 16 May 2007. Date: 26/04/2007 Enquiries: Ezz Steel Kamel Galal +(20) 2 762 2144 Investor Relations Manager [email protected] END About Al-Ezz Steel Rebars Co. S.A.E. Al Ezz Steel Rebars (Ezz Steel) is the largest independent steel producer in theMiddle East and North Africa, with a total actual capacity of 5.3 million tonnesof finished steel per annum in 2006. It is the Egyptian market leader with over65% market share in terms of sales. In 2006, it produced 3.0 million tonnes oflong products (typically used in construction) and 1.8 million tonnes of flatproducts (typically used in consumer / industrial goods). Ezz Steel's customerbase is geographically diversified, with flat products mainly directed to exportmarkets, whereas long products are typically sold in the local and regionalmarkets. more than 70% of its plants are less than 10 years old using the latestin modern steel making technology. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
Al Ezz Gds Regs