OREANDA-NEWS. OJSC Novolipetsk Steel (LSE: NLMK) announces the results of voting at the Annual General Meeting (AGM) held on June 5, 2007.

According to the press service of the company, NLMK’s shareholders approved the remuneration of members of NLMK’s Board of Directors for 2006.

The remuneration was determined in accordance with the “Regulations on the Board of Directors members' remuneration.” The total remuneration of Board Members for 2006 amounted to USD 1,450,250 including annual bonus of USD 1,365,000.