JAKARTA, October 14, 2011 ‐‐‐ PT International Nickel Indonesia Tbk (the “Company”, IDX: INCO) today announced that the Board of Commissioners of the Company approved the proposal of the Board of Directors to distribute a 2011 interim dividend in aggregate of US$ 100 million or US$0.01 per share. The dividend is payable on November 21, 2011 to shareholders of record as of November 7, 2011. The dividend for Indonesian shareholders will be paid in the Rupiah equivalent of the US dollar amount based on the Bank of Indonesia mid rate on November 7, 2011. The dividend for foreign shareholders will be paid in US dollars.
In addition to the final dividend in respect of 2010 paid in May 2011 of US$145 million, this dividend payment will bring total dividend payments of US$245 million to shareholders in 2011. This payment reflects the solid position and commitment of the Company to its shareholders and it is aligned with the growth plan to increase the annual nickel production from 73,000 metric tons to 120,000 metric tons in the next years.
For further information, please email to:
In addition to the final dividend in respect of 2010 paid in May 2011 of US$145 million, this dividend payment will bring total dividend payments of US$245 million to shareholders in 2011. This payment reflects the solid position and commitment of the Company to its shareholders and it is aligned with the growth plan to increase the annual nickel production from 73,000 metric tons to 120,000 metric tons in the next years.
For further information, please email to:
Fabio Bechara, Director and Chief Financial Officer
PTI.InvestorRelations@valeinco.com
www.pt‐inco.co.id