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Re: None

Wednesday, 07/04/2007 1:02:39 PM

Wednesday, July 04, 2007 1:02:39 PM

Post# of 67
Maybe Div. News


http://www.satellitenewspapers.com/


STOCK Info Total Stocks outstanding per 1-July-1006
Shares Outstanding: 423,477,518 Million Restricted Stocks outstanding
80% Dividend policy
To achieve the SATELLITE NEWSPAPERS aggressive growth targets, it?s planned expansion and growth of its business, the Company does not expect to pay dividend over the next 18 months (end 2007). However, the company has a business model that allows for strong cash flow generation in the future. In spring 2007 the Board of Directors shall proposes the dividend payout ratio between 30% and 60% of SATELLITE NEWSPAPERS profit. Contact
To contact SATELLITE NEWSPAPERS Investor Relations or Services,
please mail to: Investor-Relations@satellitenewspapers.com
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Copyright © Satellite Newspapers 2006. All rights reserved





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