ACI Dividend Disclosure

(Cont. of ACI): a. Dividend has been recommended out of accumulated profit. b. Div. has not been recommended from Cap. reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the comp. or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. c. Bonus shares has been recommended for utilizing the retained earnings of the company for ongoing operations ie working capital.(end)