TMKS.L Regulatory News (TMKS)

27 Jun 2007 13:40

OAO TMK27 June 2007 Moscow, June 27, 2007 OAO TMK Annual General Meeting of Shareholders The Annual General Meeting of Shareholders of OAO "TMK" was held in Moscow onJune 27, 2007. Shareholders elected the Board of Directors and the Auditing Committee, as wellas approved the annual report and financial statements, for the 2006 financialyear. "Ernst&Young" was approved to be OAO "TMK" auditor. The AGM approved a 2006 dividend of 4.3 RUR per TMK share (1 GDR = 4 shares). Atotal of RUR 3,753,904,300.00 shall be paid out as dividend by August 24th 2007. The AGM agreed that the Board of Directors shall be comprised of ten members,including four independent directors. Piotr Galitzine, Andrey Kaplunov, AdrianCobb, Josef Marous, Sergey Papin, Dmitriy Pumpyanskiy, Geoffrey Townsend, IgorKhmelevsky, Alexander Shiryaev, and Mukhadin Eskindarov were re-elected to theBoard of Directors. At the Board meeting held following the AGM, DmitriyPumpyanskiy was re-elected as Chairman of the Board. OAO "TMK"'s 2006 Annual Report for the year ended December 31 2006 is publishedand available today. The Annual Report is accessible online on TMK's website; http://www.tmk-group.com/AnReports.php and will be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at: Financial Services Authority25 North ColonnadeCanary WharfLondonE14 5HS OAO "TMK" Founded in 2001, TMK (LSE: TMKS) is the largest pipe producer in Russia and oneof the three global market leaders. In 2006, TMK sold approximately 3 million tonnes of pipes. TMK supplies tocompanies in more than 60 countries. TMK production facilities are located in Russia and Romania: • Volzhsky Pipe Plant; • Seversky Tube Works; • Taganrog Metallurgical Works; • Sinarsky Pipe Plant; • Orsky Machine Building Plant; • SC TMK-ARTROM SA; • SC TMK-Resita SA. For further information please contact: TMK PR Department:Sergey IlinTel: +7 495 775 7600 ext. 2149Email: pr@tmk-group.com Or visit: www.tmk-group.com This information is provided by RNS The company news service from the London Stock Exchange