Makhteshim Agan Industries today announced the distribution of an interim $3 million dividend, the critical date for which will be January 30, 2002.

The shekel value of the dividend will be established according to the dollar exchange rate on January 27. Based on the dollar rate Thursday January 3, the dividend comes to 3.634 agorot per share.

Makhteshim already distributed dividends totaling $11.5 million for the first three quarters of 2001. Not including Q4 dividends, the dividends already distributed reflect an annual dividend yield of 1.4%.

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