OREANDA-NEWS. On 02 June 2008 was announced, that pursuant to the decision of the extraordinary general meeting of shareholders of OJSC RTM, the powers of the members of the existing Board of Directors have been terminated ahead of time and the new Board of Directors has been elected.

The changes to the company’s Board of Directors have been made in compliance with the Federal Law on Joint-Stock Companies.

The new Board of Directors consists of the following members:

Eduard Vyrypayev – member of the Board;

Vladimir Denisenko – independent member of the Board;

Denis Korobkov – independent member of the Board;

Vladimir Kireenko – member of the Board;

Vladimir Lopukhin – independent member of the Board;

Nicolas Charles Ollivant – independent member of the Board;

Alexei Seleznev – member of the Board; and

Alexander Spaak – independent member of the Board.

Thus, the number of members of the Board of Directors of OJSC RTM has not changed. The number of independent members of the Board of Directors remains the same: Vladimir Denisenko, Denis Korobkov, Vladimir Lopukhin, Nicolas Charles Ollivant and Alexander Spaak. Vladimir Kireenko and Alexei Seleznev have become the members of the Board of Directors of OJSC RTM for the first time.