MLRYY VK Company Ltd (CE)

MOSCOW--Russian Internet company Mail.Ru (MAIL.LN) will discuss issuing a special dividend, related to the sale of a Facebook Inc. (FB) stake in October, at its board meeting in two weeks, Chief Executive Dmitry Grishin told news agency Interfax Tuesday.

"We have always noted that investments in Facebook, Groupon and Zynga have been for us only financial investments. If the market has good offers on the shares of these companies, we will consider.. selling them," the CEO was quoted saying.

In the second half of October Mail.Ru decreased its share in Facebook to 0.75% from 1.34%, making over $300 million on the sale.

Write to Olga Razumovskaya olga.razumovskaya@dowjones.com

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