OREANDA-NEWS. June 30, 2010. Joint Stock Company “United Aircraft Corporation” [RTS, MICEX: UNAC] announces the Extraordinary General Shareholders’ Meeting decision to increase the capital of UAC, reported the press-centre of UAC.

In accordance with the decision, UAC may increase its capital through the additional shares placement as follows:

volume - 17,000,000,000 securities;

method of placement - closed subscription;

par value - RUR 1.0 (one rouble);

payment form – cash in the currency of the Russian Federation.

The Russian Federation is expected to purchase UAC shares worth of RUR 14,012,000,000. Shareholders of UAC who do not vote, or vote against the UAC`s capital increase, shall possess the preemptive right to purchase the additional shares of UAC prorate to their current shareholding.

Proceeds from the additional shares placement will be used to finance:

financial stabilisation of UAC and its subsidiaries;

civil aircraft production programs;

technical modernisation programs.

As a result the additional shares issue the share of the Russian Federation in UAC may increase from 80.29% to 81.75%.