Today’s ‘Parkiet’ daily runs a front page article today saying that KGHM BoD considers appealing in court against Annual Shareholders Meeting decision to pay out PLN 16.98 dividend per share, or 100% of the 2006 profit, in spite of the management proposal of PLN 7 per share (40% payout). The management says that the dividend from 2006 earnings could amount to no more than PLN 16.97565115265 per share. Our view: The technical error in AGM decision could be easily corrected, it seems, even if it requires another shareholder voting, to PLN 16.97 dividend or PLN 16.98 dividend, with the difference covered from retained earnings. We do not expect any major price reaction on the back of the news today.