OREANDA-NEWS. April 12, 2012. Globaltrans Investment PLC (the “Company” and together with its consolidated subsidiaries “Globaltrans” or the “Group”), (LSE ticker: GLTR) today announces that at a meeting on April 11th, 2012, the Board of Directors of Globaltrans called an Annual General Meeting of shareholders to be held at City House, 6 Karaiskakis Street, Limassol, Cyprus on Friday, May 4th, 2012 at 10 am (Cyprus time), to consider and, if thought fit, pass the following resolutions:

1. “That the Group and Company audited financial statements together with the directors’ and auditors’ reports for the financial year ended 31 December 2011 be and they are hereby approved”.

2. “That the distribution by the Company of final dividends in respect of the financial year ended on 31 December 2011 in the amount of 64 US cents per ordinary share be and it is hereby approved”.

3. “That PricewaterhouseCoopers Limited be re-appointed as auditors of the Company to hold office until the conclusion of the next general meeting at which the accounts are laid before the Company and that the remuneration of the auditors be determined by the Board of Directors of the Company.”

4. “That Alexander Eliseev be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company.”

5. “That Michael Zampelas be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR60,000 (sixty thousand).”

6. “That Johann Franz Durrer be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR110,000 (one hundred ten thousand).”

7. “That Sergey Maltsev be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company.”

8. “That Mikhail Loganov be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR120,000 (one hundred twenty thousand).”

9. “That Elia Nicolaou be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR1,500 (one thousand five hundred).”

10. “That Konstantin Shirokov be re-appointed as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company.”

11. “That the pre-emption rights of existing members of the Company in relation to the 75,782,595 ordinary shares in the Company of USD 0.10 each, which were approved to be issued by the extraordinary shareholders meeting of 23 November 2009 and remain unissued, to be disapplied in accordance with article 16 of the Articles of Association and Section 60B.(5) of the Companies Law, CAP.113 (as amended), for a period of 12 months from the date of the General Meeting at which this resolution is approved, and that those shares be available to be allotted by the Board of Directors of the Company to such persons as the Board of Directors of the Company may from time to time decide in order to give effect to the Company’s investment programme and for general corporate and working capital purposes, for such consideration as determined by the Board of Directors of the Company, provided that the shares shall not be issued for less than the nominal value of the shares to be allotted as aforesaid.”