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VW board approves unchanged 2002 dividend

FRANKFURT, Feb 28 (Reuters) - Europe's largest carmaker Volkswagen said on Friday its supervisory board had approved an unchanged dividend proposal for 2002 of 1.30 euros per ordinary share and 1.36 euros per preference share.

"They have approved the dividend," a spokesman for Volkswagen said.

The company said earlier this month its pre-tax profit slipped 10 percent last year to just under four billion euros, but provided no commentary on the result nor any outlook for this year ahead of its annual press conference next month.

VW shares were trading up 1.3 percent at 37.16 euros by 1345 GMT, broadly in line with the DJ European autos index .