OREANDA-NEWS. The Shareholders’ meeting accepted the changes of the Company’s Board of Directors and new edition of the internal documents: the Regulations on the Board of Directors, the Regulations on the Remuneration of the Board of Directors members and the Regulations on the Revision Commission, reported the press-centre of ЕuroChem.

According to the meeting resolutions, the Board of Directors includes: Charles Adriaenssen, Dr. Ralf Bethke, Keith Jackson, George Cardona, Andrey Melnichenko, Vladimir Stolin, Dmitry Strezhnev and Richard Sheath.

The Board of Directors elected on June, 15 2007 has a new member - Keith Jackson, who has been a member of the Audit Committee. At the same time, the shareholders of the Company agreed with the request of A. de Valukhoff (a member of the Board from June 2006) relating to the resignation from the Board of Directors due to the increased powers because of his appointment as the CEO of LAFARGE Cement Russia.

At the Board of Directors meeting dd. September, 26 2007 Andrey Melnichenko has been re-elected as a Chairman of the Board of Directors.

An Extraordinary Shareholders’ meeting has been called for 14 December 2007, on which Dr.Bethke’s resignation from EuroChem Board of Directors will take effect. He tendered his resignation on 14 September 2007, in order to avoid any suggestion of a conflict of interests.