NLMK.L Regulatory News (NLMK)

7 Jun 2006 07:12

OJSC Novolipetsk Steel07 June 2006 Novolipetsk Steel (NLMK) 07 June 2006 RESULTS OF VOTING AT THE 2006 ANNUAL GENERAL MEETING Novolipetsk Steel (LSE: NLMK) announces the results of resolutions proposed at the Annual General Meeting held on 6 June2006. The following resolutions were put to NLMK's shareholders on a poll at the Annual General Meeting and the results of voting were as follows: Resolution Votes For Votes Against Votes Abstained Results 1.1 To approve the Company's 2005 Annual 5 315 939 769 0 467 326 carried Report and annual financial statements for the 2005 financial year 1.2 To declare the payment of dividends 5 431 554 454 1 001 261 261 carried for 2005 totaling 3 rubles per common share. Considering that the interim dividend paid for Q1 2005 was 1 ruble per common share, to pay a final dividend of 2 rubles per common share. The final dividend shall be paid on 4 September 2006 by funds transfer 2.1 To approve the revised Charter of OJSC 5 427 257 898 641 063 4 030 840 carried NLMK 2.2 To approve the revised Regulations on 5 423 698 803 648 070 7 437 809 carried the Board of Directors of OJSC NLMK 2.3 To approve the revised Regulations on 5 423 640 194 1 832 064 6 408 976 carried the Management of OJSC NLMK 2.4 To approve the revised Corporate 5 424 157 215 672 094 7 007 400 carried Governance Code of OJSC NLMK 2.5 To approve the revised Dividend Policy 5 408 190 140 611 033 6 897 961 carried of OJSC NLMK 3. Election of members of the Board of Directors of OJSC NLMK* 4. To elect Mr. Alexey Lapshin President 5 425 949 567 408 612 6 288 350 carried (Management Chairman) of the Company 5. To elect Company's Audit Committee 5.1 Mr. Valery Kulikov 5 423 492 500 116 319 5 065 566 carried 5.2 Mrs. Natalia Kurasevich 5 422 737 745 289 294 5 153 857 carried 5.3 Mrs. Olga Savushkina 5 423 709 470 147 152 4 992 490 carried 5.4 Mrs. Galina Shipilova 5 422 952 076 153 158 4 979 477 carried 6.1 To approve CJSC 5 427 759 707 714 137 2 260 475 carried "PricewaterhouseCoopers Audit" 6.2 To entrust CJSC 5 428 861 605 751 177 2 413 603 carried "PricewaterhouseCoopers Audit" with financial statement audit of OJSC "NLMK" in accordance with the US Generally Accepted Accounting Principles (US GAAP) 7. To approve the remuneration of members 5 421 150 053 1 833 287 9 402 920 carried of OJSC NLMK Board of Directors 8. To approve the decision of OJSC NLMK 5 431 460 733 66 066 1 009 603 carried to participate in the international association "International Iron and Steel Institute" * Cumulative voting results are presented below. The resolution on the Board members' election is voted upon by cumulativevoting, i.e. one voting share gives the number of votes equal to the number ofthe members in the Board of Directors. When voting, the shareholder is entitledto cast all his votes in favor of one nominee or to distribute them betweenseveral nominees. In accordance with the cumulative voting results, thefollowing Board members were elected: Board Members 1. Mr. Vladimir Lisin2. Mr. Vladimir Skorokhodov3. Mr. Oleg Bagrin4. Mr. Igor Fyodorov5. Mr. Nikolai Gagarin6. Mr. Dmitriy Gindin7. Mr. Karl Doering8. Mr. Nikolai Lyakishev9. Mr. Randolph Reynolds For further information: NLMK Anton Bazulev +7 495 915 1575 Financial Dynamics Jon Simmons +44 207 831 3113 This information is provided by RNS The company news service from the London Stock Exchange