26 Apr 2007 16:58
Al EZZ Steel Rebars S.A.E.26 April 2007 Dividend payment Al EZZ Steel Rebars S.A.E. Al Ezz Steel Rebars S.A.E. ("Ezz Steel") (CASE: ESRS; London Stock Exchange:AEZD), announces that as per the approval of the Annual General Meeting, held on14 April 2007, the dividend of one Egyptian Pound per share (one GDR = threeshares) will be paid to shareholders registered at the close of business on 13May 2007 and the payment date will be on 16 May 2007. Date: 26/04/2007 Enquiries: Ezz Steel Kamel Galal +(20) 2 762 2144 Investor Relations Manager kgalal@ezzgroup.com END About Al-Ezz Steel Rebars Co. S.A.E. Al Ezz Steel Rebars (Ezz Steel) is the largest independent steel producer in theMiddle East and North Africa, with a total actual capacity of 5.3 million tonnesof finished steel per annum in 2006. It is the Egyptian market leader with over65% market share in terms of sales. In 2006, it produced 3.0 million tonnes oflong products (typically used in construction) and 1.8 million tonnes of flatproducts (typically used in consumer / industrial goods). Ezz Steel's customerbase is geographically diversified, with flat products mainly directed to exportmarkets, whereas long products are typically sold in the local and regionalmarkets. more than 70% of its plants are less than 10 years old using the latestin modern steel making technology. This information is provided by RNS The company news service from the London Stock Exchange