Pursuant to Article 5 of the CMB's Communique Serial No IV-27, a dividend minimum at the rate of 25% of the distributable net income shall be distributed in cash or in the form of stock in 2007 and in each succeeding year within the frame of Company's articles of association. Each year, the Board of Directors shall submit a proposal in the General Assembly Meeting relating to the amount of dividend which is to be assessed by considering the National and Global Economic conditions and Company's growth plan.