VIEILLE MONTAGNE REPORTS LOSS, DIVIDEND NIL 1986 Year Net loss after exceptional charges 198 mln francs vs profit 250 mln Exceptional provisions for closure of Viviez electrolysis Plant 187 mln francs vs exceptional gain 22 mln Sales and services 16.51 billion francs vs 20.20 billion Proposed net dividend on ordinary shares nil vs 110 francs Company's full name is Vieille Montagne SA <VMNB.BR>.