BQ36 Barclays 27

RNS Number:9390Y
Zhejiang Southeast Elec Power Co Ld
21 May 2004



Zhejiang Southeast Electric Power Company Limited

Announcement on Distribution of Dividends for 2003



Zhejiang Southeast Electric Power Company Limited (the "Company") and all the
members of the board of directors warrant the authenticity, accuracy and
completeness of the contents of this announcement and shall be jointly liable
for any misrepresentations, misleading statements or material omissions
contained herein.

Important matters:

Profit Distribution Plan: cash dividend of RMB0.25 per share (tax inclusive)
will be declared. Dividends of B shares will be distributed in US dollars, i.e.
cash dividend of US$0.030203 per B share (tax inclusive).

Last trading date of B shares: 31 May 2004

Ex-dividend date of B shares: 1 June 2004

Date for registering ownership of B shares: 3 June 2004

Dividend distribution date of B shares: 10 June 2004

The profit distribution plan of the Company for 2003 was examined and approved
at the shareholders' general meeting for 2003 convened on 12 May 2004. Details
of the distribution of dividends are announced as follows:

1.     Profit distribution plan

The profit distribution plan of the Company for 2003 is as follows: taking the
aggregate share capital of 2,010,000,000 shares of the Company at the end of
2003 as the base number, a cash dividend of RMB0.25 (tax inclusive) per share
will be paid to each of all the shareholders, totalling RMB502,500,000.00.

Dividends of B shares will be distributed after converting into US dollars at
the exchange rate of US$1 = RMB8.2773 which is the mean of the US dollars to
Renminbi exchange rate quoted by the People's Bank of China on 13 May 2004.  The
actual cash dividend per share should be US$0.030203 (tax inclusive).

2.     Specific dates for declaration of dividend distribution

Last trading date of B shares: 31 May 2004; ex-dividend date of B shares: 1 June
2004; date for registering ownership of B shares: 3 June 2004; dividend
distribution date of B shares: 10 June 2004.

3.     Distributees of dividend distribution

(1)               Shareholders of B shares of the Company whose names are on the
register of China Securities Clearing and Registration Company Limited Shanghai
Office after the close of trading on 3 June 2004.

(2)               Domestic shareholders of the Company.

4.     Dividend distribution method

(1)               China Securities Clearing and Registration Company Limited
Shanghai Office will be entrusted to distribute the cash dividends for
shareholders of B shares through its fund clearing system to the shareholders of
B shares whose names are on the register as at 3 June 2004.

(2)               Cash dividends for the shareholders of domestic shares will be
allocated directly by the Company to their designated accounts.

5.     Consultation

Consultation office: Office of the Secretary of the Board of Directors

Telephone number: 0571-85774566

6.     Documents available for inspection

Resolutions on the profit distribution plan for 2003 passed at the shareholders'
general meeting of the Company.





                               Board of Directors

               Zhejiang Southeast Electric Power Company Limited

                                  21 May 2004


                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

DIVPUURGAUPCUWG

Barclays 27 (LSE:BQ36)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Barclays 27 (LSE:BQ36)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024