American Israeli Paper Mills Ltd. Determines Dollar Amount of Dividend HADERA, Israel, Aug. 25 /PRNewswire-FirstCall/ -- As previously announced on August 12, 2004, American Israeli Paper Mills Ltd. (ASE:AIP) declared a cash dividend in the amount of NIS 25.12425 per share payable on September 9, 2004 to shareholders of record on August 25, 2004. The exact dollar payout was to be based on the rate of exchange of the NIS in relation to the US dollar in effect on August 25, 2004, the record date, and has now been determined to be 5.5388 per share before tax. DATASOURCE: American Israeli Paper Mills Ltd. CONTACT: Philip Y. Sardoff, +1-908-686-7500, for American Israeli Paper Mills Ltd.

Copyright