OREANDA-NEWS. September 15, 2009. New members of KAMAZ Board of Directors (elected at the company’s annual stockholders’ meeting on June 26, 2009) held their first meeting in Moscow.

The members of Board of Directors once again elected Sergey V. Chemezov – Director General of Rostekhnologii (State Corporation for promotion of development, production and export of advanced technology industrial products) – Chairman of Board of Directors.

Board of Directors considered how KAMAZ organizations had been executing their business plan during 5 months of 2009 and discussed preliminary results of the first half year. Changes and additions were also made to the current regulations of the staff and compensation committee of KAMAZ Board of Directors, the audit committee of KAMAZ Board of Directors. KAMAZ Board of Directors approved its plan of activities and regulations of KAMAZ information policy in a new version.

The new version of the regulations of KAMAZ information policy was adopted for the reason that the company’s stocks had been included into a quotation list A2 MICEX. KAMAZ stock trade is supposed to be fully transferred to Moscow Interbank Currency Exchange and de-listed from Russian Trading System (RTS), because investors’ interest shifted to MICEX.