OREANDA-NEWS. June 26, 2008. JSC WGC-3 (WGC-3) held the Annual Shareholders Meeting in Moscow on June 26, 2008. 2007 Annual Report and Financial Statements based on FY2007 results have been approved.

Shareholders approved distribution of dividends based on FY2007 operating results at the rate of RUR 0.0070523923 per ordinary share.

Revised version of the following documents was also approved by WGC-3 Annual Shareholders Meeting:
Charter of WGC-3;
Regulations on shareholders meetings of WGC-3;
Regulations on Board of Directors of WGC-3;
Regulations on Management Board of WGC-3.
Amendments to internal documents target the optimization of shareholder and investor cooperation and further balance between shareholders and accretion of Board of Directors authority.

ZAO PricewaterhauseCoopers Audit was approved as independent auditor of the Company.

WGC-3 Annual Shareholders Meeting elected members of the Board of Directors and Revision Committee and approved related party transactions.

Elected WGC-3 Board of Directors is represented by 11 members:
Andrey Bugrov (Holding Company Interros, ZAO)
Anton Klekovkin (Holding Company Interros, ZAO)
Igor Klochko ( JSC MMC Norilsk Nickel)
Alexey Malov ( JSC MMC Norilsk Nickel)
Victor Tikhonov ( JSC MMC Norilsk Nickel)
Anatoliy Tkach ( JSC MMC Norilsk Nickel)
Andrey Zolotarev ( JSC MMC Norilsk Nickel)
Victor Katasonov (JSC Norisk Taimyr Energy Company)
Sergey Arinin (JP Morgan, Moscow)
Lev Ketkin (JSC SO UES)
Alexandra Panina (RAO "UES of Russia").
Changes in Board of Directors followed introduction of JSC MMC Norilsk Nickel as a new strategic investor of WGC-3 as a result of Russian energy sector restructuring implemented by RAO "UES of Russia".