According to the financial results announced by OTE for year 2000, Net Income amounted to Drs 212.6 billion (? 623.9 million) compared to Drs 203.7 billion (? 597.9 million) for the previous year. On a per share basis, and after the deduction of the shares bought back by OTE, profits amount to Drs 426 (? 1.25) compared to Drs 405 (? 1.19) per share, representing growth of 5.2%OTE Board of Directors approved the proposal of a dividend equal to Drs 240 (? 0.70) per share, an increase of 9.1% over the previous year and yielding a return (net of taxes) of 4.6% based on current share price levels. The dividend will be submitted for approval to the General Assembly that will take place in June.The Board of Directors and the Management of OTE will continue in the framework of intensifying competition, the program for the technological upgrading, financial strengthening and organizational restructuring of OTE.OTE's main goal is the improvement of the quality of services offered toward its customer's base, the provision of such services at an internationally competitive cost and shareholder value maximization.