OREANDA-NEWS. On 09 April 2008 Dixy Group, a leading company on the Russian food retail market, announced decisions of the Annual General meeting of shareholders of Open Joint-Stock Company “DIXY Group”.

The Annual General meeting of shareholders of OJSC “DIXY Group” adopted the following decisions:

1. The General Meeting approved the annual financial statements for the financial year 2007, including the Balance Sheet and Profit and Loss Statement.
2. The General Meeting voted not to pay out any dividend, but to use all available funds for the development of the Company.
3. The General Meeting decided to appoint OOO “Auditing Company “Femida-Audit” the auditor of the Company.
4. The General Meeting voted not to pay annual bonuses for 2007 to the Board of Directors members.
5. The General Meeting determined that the number of members of the Board of Directors would stay 7 (seven).
6. The General Meeting elected the Board of Directors of OJSC “DIXY Group” as follows:

1. Kesaev Igor Albertovich (President of Mercury Group of Companies)
2. Katsiev Sergey Soltanovich (First Vice-President of Mercury Group of Companies)
3. Rischenko Dmitriy Viktorovich (Financial Director of Mercury Group of Companies)
4. Yakubson Ilya Adolfovich (Vice-President of OJSC “DIXY Group”)
5. Berzin Toms Uldisovich (Vice-President of OJSC “DIXY Group”)
6. Bubnov Valeriy Sergeevich (Vice-President of OJSC “DIXY Group”)
7. Robert Sasson (Independent Director)

7. The General Meeting also elected the Internal Audit Committee which will include the following members:

1. Vorobyova Anastasia Yevgenyevna (Head of IFRS Department of OJSC “DIXY Group”)
2. Chernova Tatyana Petrovna (Head of Finance planning Department of OJSC “DIXY Group”)
3. Petrova Oksana Yuryevna (Head of Legal Department OJSC “DIXY Group”