A proposal of the Board of Directors for payments of dividend

On May 4th, 2010  the Board of Directors of  Bulland Investments decided to summon a regular annual meeting of shareholders on June 16th, 2010. Point 2 of the meeting agenda contains a proposal for distribution of the profit for 2009 and a part of the undistributed profit of previous years. An amount of 390 536.67 BGN is distributed for dividends or 0.03 BGN a gross dividend per share. The amount of 390 536.67 BGN represents 93 % of the transformed as per article 10/3 of the Law financial result which should be distributed obligatory for dividends. In the amount subject to distribution for dividend are included:
- The book – keeping profit for 2009 amount to 361 420 BGN which is completely subject to distribution for dividends;
- 29 116.67 BGN from the accumulated undistributed profit from previous years.