Rus News Journal

Global Ports

will pay the first dividends after IPO. the Managing director container and petrogrocery terminals in Russia, Finland and Estonia Global Ports Investments (enters into group N - the Trance ) Yesterday declared work results in the first half of the year 2011. The net profit has grown almost twice in comparison with the same period of 2010 - to $82,4 million about $41,4 million Gain has grown on 57 % - to $259,7 million Corrected indicator EBITDA has raised on 82 % - to $145 million, profitability has reached 56 % in comparison with 48 % one year ago. The pure debt has fallen to 52 %, to $66,5 million in comparison with $139,9 million on the beginning of year. Yesterday the company has informed that its board of directors has made decision to pay intermediate dividends for half-year at a rate of $28,2 million (more than 34 % of net profit). Yesterday the price for papers Global Ports reached $17,2 for GDR, but to closing has decreased to level of the last trading day - $17. Denis Skorobogatko

the High court of London
has transferred for September, 14th hearing under claim VTB to founder Marshall Capital to Konstantin Malofeyev, to funds under control of Marshall Capital and companies Nutritek International Corp. Has told representative Marshall Capital. As already informed the High court of London in the beginning of August has decided to freeze actives of mister Malofeyev - preliminary obespechitelnaja a measure operates before the nearest judicial session under claim VTB. Christina Busko

the Savings Bank
plans to consider optsionnuju the program at supervisory board session in 2011, its president Herman Gref has informed. The optsionnaja program provides long-term stimulation a top - management and should be co-ordinated for the State Banks (the Savings Bank, VTB) and is approved by their supervisory boards. According to one of members of the supervisory board of the Savings Bank, at council session on Friday the top - bank management was brought up by this question, but the chairman of the supervisory board of the Savings Bank - the head of the Central Bank Sergey Ignatyev - has refused to discuss a present variant of the program, having suggested it to finish for removal on following session of the supervisory board which should take place in November. Earlier financial director VTB Herbert Moos, presenting results of activity of group VTB for a half-year, said that optsionnaja program VTB is in final degree of readiness and can be accepted till the end of current year. Xenia Dementyev

the Three Dialogue
has obtained the permit to merge to the Savings Bank from regulators of Ukraine and Cyprus, the president of the Savings Bank Herman Gref has informed. For closing of the transaction of the party should receive the consent of regulating bodies of Russia and other countries of presence Three Dialogue . According to mister Gref, permissions of antimonopoly committee of Ukraine and the commission on protection of a competition of Cyprus are already received. While there is no permission to the transaction from Federal antimonopoly service of Russia which expects the coordination of the governmental commission on control over realisation of foreign investments, and also permissions from regulators of the USA and Great Britain. Nevertheless the Savings Bank intends to finish the transaction not later than February, 2012. department of the finance