OREANDA-NEWS. May 19, 2008.
General Information
1.1. Full company name of the issuer Public-Stock Company VSMPO-AVISMA Corporation

1.2. Short company name of the issuer VSMPO-AVISMA Corporation

1.3. Issuer’s legal address 1 Parkovaya Str., Verkhnaya Salda, Sverdlovsk Region, Russia

1.4. Official Government Registration number of the issuer 1026600784011

1.5. Personal taxpayer number of the issuer 6607000556

1.6. Unique registration code of the issuer 30202-D

1.7. Issuer's web-site used for information disclosure www.vsmpo.ru, reported the press-centre of VSMPO-AVISMA.

2. Description

Calling of the annual general meeting of shareholders, including approval of the meeting agenda.

Date of Meeting of Issuer's Board of Directors during which the decision was taken: May 15, 2008.

Date and number of the Minutes of Board of Directors' Meeting during which such decision was taken: May 16, 2008; unnumbered.

Description of the decision taken by the Issuer's Board of Directors:

Call the annual general meeting of PSC VSMPO-AVISMA Corporation shareholders. Type of meeting: joint presence of the shareholders to discuss agenda items and take decisions of questions put to the vote.

Approve the agenda of the annual general meeting of shareholders:

1. Approval of the annual report, annual financial statements, including those of profit and loss (Profit and Loss Accounts) for 2007.

2. Profit distribution, including payments of a dividend, and Company losses following fiscal year 2007; remuneration, benefits and (or) compensation for the expenses borne by the members of the Board of Directors and Auditing Committee in the course of their performance.

3. Election of the members of the Company Board of Directors.

4. Election of the members of the Company Auditing Committee.

5. Approval of the Company Auditor.

6. PSC VSMPO-AVISMA Corporation joining non-profit organization "Union of Russian Metallic Product Exporters " (URMPE).

Approve:
the date of annual general meeting of shareholders: June 30, 2008;

place of annual general meeting of shareholders: 12, Parkovaya Str., Verkhnaya Salda, Sverdlovsk Region, Russia;

time of annual general meeting of shareholders: 2.00 p.m.;

registration time for persons taking part in the annual general meeting of shareholders: 12.00;

postal address for sending completed voting bulletins:

- PSC VSMPO-AVISMA Corporation, 1 Parkovaya Str., Verkhnaya Salda, Sverdlovsk Region, Russia, 624760;

PSC VSMPO-AVISMA Corporation, 12, office 26, Parkovaya Str., Verkhnaya Salda, Sverdlovsk Region, Russia 624760;

- JSC "TsMD", 34/8 Bolshaya Pochtovaya Str., Moscow, Russia, 105082.

date of drawing the list of persons entitled to take part in the annual general meeting of shareholders: May 15, 2008.

Information to be submitted to the persons entitled to participation in the annual general meeting of shareholders is provided starting June 9, 2009, at the following addresses:

- 12, office 26, Parkovaya Str., Verkhnaya Salda, Sverdlovsk Region, Russia 624760; tel.:
(34345) 5-28-00, 629-03;

- 29, office 106, Zagorodnaya Str., Berezniki, Perm Region, Russia, 618421; tel.: (34242) 9-36-02, 9-36-14;

- posted at: www.vsmpo.ru.

3. Signature
3.1. Deputy Director General
PSC VSMPO-AVISMA Corporation __________________ N.K.Melnikov
(authorized person, Power of Attorney (signature)
No. 14/144 dd. 18.06.2007)
3.2. Date: May 16, 2008. stamp