ALD 0.20% $38.38 ampol limited

**increases pay out ratio after 2005***

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    Caltex have indicated they will increase the payout ratio after 2005 to 40-60% of the replacement cost of sales.

    If there is surplus cash-flow above the target payout ratio they will consider a further distribution in the form of a fully franked special dividend!!!!!


    Let the good times roll and lets hope oil is over $60 in 2005.


    cheers
 
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