OREANDA-NEWS. June 10, 2010. Annual General Shareholders Meeting took place in Yaroslavl. The shareholders approved the Annual Report and the Accounting Balance of the Company 2009.

It was also decided not to distribute the profit, including dividend payment because of the absence of clear profit according to the results of financial year 2009.

Annual General Shareholders Meeting elected the Board of Directors of the Company:

Korolev Andrei Yurievich, Chief executive of LC "SINTEZ Group"

Kutychkin Boris Konstantinovich, General Director JSC "ARKTICSHELFNEFTEGAS"

Maltsev Denis Igorevich, Director of legal Department for international projects LC "SINTEZ Group"

Tihonov Andrei Nikolayevich, Director of the Financial Department LC "SINTEZ Group"

Zatsepina Tatiana Yurievna, Head of control-revision office LC "SINTEZ Group"

Zarubin Petr Markovich, Director of the Commercial Department LC "SINTEZ Group"

Bobrov Alexei Nikolayevich, Deputy of chief executive security LC "SINTEZ Group"

Sergeev Alexey Evgenievich, Director of the information technology Department LC "SINTEZ Group"

Bogachuk Nicolay Afanasievich, Director of the security Department LC "SINTEZ Group"

Opadchiy Fedor Yurievich, Director of development and market directing JSC "SO UES"

Alexandrovich Vladlen Lazarevich, Deputy chief executive for external relations LC "SINTEZ Group"

The Company’s Revision Commission was also determined, and the Company’s auditor – PricewaterhouseCoopers.

TGC-2 Annual General Shareholders Meeting approved the increase of TGC-2 authorized capital stock, which would be done by placement of excess conventional nominal shares in undocumentary form in quantity of 1 900 000 000 000 (one trillion nine hundred billions) pieces with nominal cost 0.01 (point one hundredth) rubles for each on closed subscription.

Cash facilities of conventional issue would be committed for TGC-2 investment program realization. It is provided the putting into operation of new generation facility with total energy 1570 MW in V. Novgorod, Vologda, Kostroma, Yaroslavl and Sochi.