Samaraenergo shareholders elected the new Board of Directors and decided not to pay dividends for the 2009 financial year

The annual general shareholders’ meeting of OJSC Samaraenergo took place on 11 June 2010. The shareholders approved the annual report and annual accounting report of the Company, took a decision regarding change to the Statute of the Company and discussed the issue of paying dividends. With reference to the business loss amounting to 1,069,078,450.37 Rubles (one billion sixty-nine million seventy eight thousand four hundred fifty Rubles and thirty seven kopecks) in the financial year 2009, the decision was taken not to pay dividends on ordinary and preferred shares. Due to a change in the physical location of the Company, it was decided to change the legal address of OJSC Samaraenergo to the following: Russian Federation,. Samara, Georgiya Mitireva Alley, 9.

The shareholders also elected the Board of Directors of OJSC Samaraenergo as follows: Vladimir Avesityan, Pavel Brosailo, Yuri Kirillov, Alexey Kozlov, Vyacheslav Liburkin, Gennady Miatishkin, Vasiliy Nikonov, Alexander Rozenzvaig, Mikhail Rudnev, Sergey Shashkov.

Also the shareholders of OJSC Samaraenergo

• elected members of the Revision Commission;
• approved CJSC Gasaudit as auditor

The Minutes of the meeting will be published in the “Information Regarding Shareholders’ Meetings” section of the company official website (www.samaraenergo.ru).