RNS No 1035a
TISZAI VEGYI KOMBINAT RT
12 May 1999


Please be advised of the following ADR dividend information:

                              Approximate Rate

                              ORDINARY SHARES               ADRS

Issue Name:                   TVK-TISZAI 144A

Country of Incorporation:     HUNGARY

Cusip No:                     888261104

Exchange Rate:                233.00

(Ordinary/ADRs) Ratio         1:1

Record Date:                  05/17/1999                    05/18/1999

Payable Date:                 05/26/1999                    06/07/1999

Gross Dividend Rate:          240.000 HUF                   1.030

Withholding Tax:                                            0.0515  @  5.00%

Dividend Fee:                                                0.02

Net Dividend Rate:                                          0.9585


END

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