MYS Masisa SA (New) Ads

SANTIAGO, Chile, April 27 /PRNewswire-FirstCall/ -- Pursuant to the provisions established in article 9, paragraph two, article 10, of Law No. 18,045, and in General Rule No. 30 and Bulletin No. 660 of the Chilean Securities and Insurance Superintendent's Office (Superintendencia de Valores y Seguros), Masisa S.A. (NYSE:MYS) hereby informs as an important event, the following agreement approved in the company's Ordinary Shareholder's Meeting held on April 27, 2007 ("the Meeting"): The payment of a minimum mandatory dividend and of an additional dividend, with charge to the distributable net income of the period ended on December 31, 2006. The total amount of the dividend to be distributed is US$12,466,914.79, equal to 50% of the distributable net income for the 2006 exercise (30% for minimum mandatory dividend and 20% for the additional dividend). Therefore, the total dividend per share will be US$ 0.0021996229. The dividend will be paid on May 25, 2007 and the shareholders which have been registered under the Masisa S.A. Shareholder's Registry by May 18, 2007, will have such right. The dividend will be paid in Chilean Pesos (pesos chilenos), according to the exchange rate "Observed Dollar" (dolar observado) published in the Official Gazette of Chile (Diario Oficial) on May 18th, 2007. The notification, through which the shareholder's will be communicated about the agreement adopted at the Meeting regarding said dividend and its payment manner, will be timely published in La Segunda newspaper of Santiago. DATASOURCE: Masisa S.A. CONTACT: Investor Relations, Masisa, +011-562-350 6038, Web site: http://www.masisa.com/

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