AED 0.00% 14.5¢ aed oil limited

declaration of a special dividend

  1. 875 Posts.
    ASX Announcement
    30 July 2008
    Declaration of a Special Dividend
    AED Oil Limited (�gAED�h) is pleased to announce it has declared a fully franked dividend of
    20 cents per share (approximately A$31 million). The dividend payment represents part of
    the strategic and capital management review undertaken as part of the sale of 60% of
    AED�fs assets to Sinopec International Petroleum Exploration and Production Corporation
    (SIPC), giving rise to cash proceeds previously reported. The Directors of AED have
    decided that all shareholders should directly benefit from the successfully completed sale
    of asset transaction. Shareholders are referred to the June 2008 quarterly report for
    further details.
    The dividend will be paid on 5 September 2008 to shareholders registered at the close
    of business on 22 August 2008, exdividend
    date will be 18 August 2008.
    Trevor Slater
    Company Secretary
    General Manager, Marketing
    Media Contact
    Ian Howarth �] Farrington National +61(3) 9223 2465
 
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Currently unlisted public company.

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