OREANDA-NEWS. In accordance with the Federal Law “On Joint-Stock Companies”, the extraordinary general shareholders’ meeting will be held on the initiative of the Board of Directors of Nizhnekamskneftekhim Inc. on December 11, 2006.

The form of holding the meeting is absent voting.

The agenda included:
• Entering changes into the Articles of Incorporation  of “NIZHNEKAMSKNEFTEKHIM INC.”, related to the statements on the  announced actions.
• The increase of the authorized capital of “NIZHNEKAMSKNEFTEKHIM INC.” by allocation of additional ordinary nominal shares via closed subscription among the shareholders of “NIZHNEKAMSKEFTEKHIM INC” in proportion to the quantity of the ordinary nominal shares belonging to them.  
• Approval of transaction between “NIZHNEKAMSKNEFTEKHIM INC.” and Limited Liability Company “TELECOM-MANAGEMENT”, the commitment of which is of interest.
• Approval of transaction between “NIZHNEKAMSKNEFTEKHIM INC.” and the Open Joint-Stock Company “SVYAZINVESTNEFTEKHIM”, the commitment of which is of interest.
• Approval of transaction between “NIZHNEKAMSKNEFTEKHIM INC.” and Trust Partnership “NIZHNEKAMSKNEFTEKHIM-MANAGEMENT 1 AND CO.”, the commitment of which is of interest.