Last checked at 26 Jun 2009 14:15
On 26 June 2009 OAO Tatneft issued the following press-release:
Annual Shareholders Meeting of OAO Tatneft for 2008
Annual shareholders meeting of OAO Tatneft (the "Company") for 2008 was held on June 26, 2009, in Almetyevsk, Tatarstan.
Shareholders elected a new Board of Directors of the Company. The following directors were elected:
| Radik Raufovich Gaizatullin | Minister of Finance of the Republic of Tatarstan |
| Sushovan Ghosh | Managing Director of SGI Group Ltd. |
| Nail Gabdulbarievich Ibragimov | First Deputy General Director of Production of OAO Tatneft, Chief Engineer |
| Rais Salikhovich Khisamov | Deputy General Director of OAO Tatneft, Chief Geologist |
| Vladimir Pavlovich Lavushchenko | Deputy General Director for Economics of OAO Tatneft |
| Nail Ulfatovich Maganov | First Deputy General Director of OAO Tatneft, Head of Oil and Refined Products Sales Department |
| Renat Halliulovich Muslimov | Counsel to the President of the Republic of Tatarstan for the Development of Oil and Gas Fields |
| Renat Kasimovich Sabirov | Assistant to the Prime-Minister of the Republic of Tatarstan on Oil, Gas and Chemical Complex |
| Valery Yurievich Sorokin | General Director of Svyazinvestneftekhim |
| Shafagat Fahrazovich Takhautdinov | General Director of OAO Tatneft |
| Mirgazian Zakievich Taziev | Head of the Almetievneft NGDU of OAO Tatneft |
| Azat Kiyamovich Khamaev | Minister of Land and Property Relations of the Republic of Tatarstan |
| Maria Leonidovna Voskresenskaya | Director of Brentcross Ltd. |
| David William Waygood | Director of Waygood Limited |
Shareholders also elected the following members of the Revision Committee of the Company:
| Nazilya Faizrakhmanovna Galieva | Economist of Control and Revision Department of OAO Tatneft |
| Ferdinand Renatovich Galiullin | Chief Accountant of the Dzhalilneft NGDU of OAO Tatneft |
| Venera Gibadullovna Kuzmina | Economist of normative research station of OAO Tatneft |
| Nikolai Kuzmich Lapin | Head of Control and Revision Department of OAO Tatneft |
| Galina Vyacheslavovna Malyazina | Head of Department of the Ministry of Economy of the Republic of Tatarstan |
| Lilya Rafaelovna Rakhimzyanova | Head of the Oil Production Section with the Ministry of Economy and Industry of the Republic of Tatarstan |
| Alfiya Azgarovna Sinegaeva | Head of Labor and Personnel management Department of OOO Tatneft-Almetyevskremservis |
| Tamara Mikhailovna Vilkova | Deputy Chief Accountant of OAO Tatneft, Deputy Head of the Accounting Department of OAO Tatneft |
The following persons were appointed as the Representatives of the Republic of Tatarstan pursuant to the exercise of the Golden Share rights of the Tatarstan Government:
to the Board of Directors of the Company - Rustam Nurgalievich Minnikhanov, the Prime Minister of the Republic of Tatarstan;
to the Revision Committee of the Company - Sariya Kashibulkhakovna Yusupova, Deputy Head of Economic Analysis Department of the Ministry of Finance of the Republic of Tatarstan.
Shareholders appointed Energy Consulting/Audit as an auditor of the Company for the statutory audit for 2009 under Russian accounting standards.
Upon consideration of the results of 2008, shareholders approved the following dividends in cash for 2008 to be paid from 1 July 2009 until 31 December 2009:
preferred shares: 442% of the nominal (par) value, i.e., 4 Rubles 42 Kopecks per share;
common shares: 442% of the nominal (par) value, i.e., 4 Rubles 42 Kopecks per share.
The shareholders also approved:
1. The Report of the Board of Directors on the result of Company's activities in 2008 and the Annual Report of the Company for 2008.
2. The annual accounting report, including profit and loss statement, of the Company for 2008.
3. Profit distribution upon results of the financial year.
4. Amendments to the Charter of the Company.
After the annual shareholders meeting, the Board of Director of the Company held its first meeting on which Rustam Minnikhanov was elected as the Chairman of the Board.
The Board of Directors approved amendments to the Regulations of the Disclosure Committee and the Human Resources and Compensation Committee.
The Board also elected the members and appointed chairmen of the following committees of the Board of Directors:
Audit Committee, Chairman - Sushovan Ghosh, Managing Director of SGI Group Ltd., a Member of the Board of Directors of OAO Tatneft;
Corporate Governance Committee, Chairman - Victor I. Gorodny, Deputy General Director of OAO Tatneft, Head of Property Department of OAO Tatneft;
Human Resources and Compensation Committee; Chairman - David Waygood, Director of Waygood Limited, a Member of the Board of Directors of OAO Tatneft; and
Disclosure Committee; Chairman - Vladimir P. Lavuschenko, Deputy General Director of OAO Tatneft for Economics.
Forward-looking statements: This press-release may contain certain forward-looking statements of OAO Tatneft. OAO Tatneft does not guarantee occurrence of any events mentioned in such statements as well as term of their occurrence.