CALGARY, Oct. 27 /CNW/ - AKITA Drilling Ltd.'s Board of Directors
approved the payment of a quarterly dividend to shareholders.
AKITA Drilling Ltd.'s Board of Directors approved an ordinary cash
dividend of seven cents ($0.07) per share on the Outstanding Class A
Non-Voting and Class B Common shares of the Corporation for payment on January
2, 2007 to shareholders of record at the close of business December 20, 2006.
AKITA is an Alberta corporation engaged in the contract drilling business
and is listed on the Toronto Stock Exchange under the symbol AKT.
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DIVIDEND/DISTRIBUTION DECLARATION FORM
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Date of Declaration Oct 26, 2006
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Company AKITA Drilling Ltd.
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Type of Security on which AKT-A
Dividend/Distribution declared AKT-B
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Amount of Dividend/per share Seven Cents
(if stock dividend or foreign
funds, give details) $0.07
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Payable Date January 2, 2006
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Record Date December 20, 2006
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(TSX sets Ex-Dividend Date)
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Contact Phone No. Murray Roth
403-292-7979
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