OREANDA-NEWS. April 29, 2011. NOVATEK (“NOVATEK” and/or the “Company”) has announced the results of its Annual General Meeting of Shareholders (AGM) held in Moscow, reported the press-centre of NOVATEK.  
 
The AGM resolved the following agenda items:

Approved the Company’s 2010 Annual Report and Financial Results according to Russian Standards of Accounting (RSA), the distribution of profit under RSA, including the full year dividend payment for 2010;

Approved the election of a new Board of Directors;

Approved the election of members of the Company’s Revision Committee including compensation to each member for the year;

Approved the election of PricewaterhouseCoopers Audit as the Company’s independent auditors for 2011; and

Approved the related party transaction between NOVATEK and Gazprom – additional agreement to the Gas Delivery Agreement.