TRCN.L Regulatory News (TRCN)

26 June 2012

OJSC TransContainer

FOR IMMEDIATE RELEASE

Decisions of the Annual General Shareholders' Meeting of JSC TransContainer

On 26 June 2012, the Annual General Shareholders' Meeting of OJSC TransContainer ("TransContainer" or the "Company") (LSE: TRCN) resolved to:

1. Approve the Annual Report of the Company for 2011.

2. Approve the annual RAS accounting statements of OJSC TransContainer for 2011, including the Profit & Loss Statement.

3. Approve the following distribution of net profit1 based on the performance of OJSC TransContainer in 2011:

1 The net profit value is stated in accordance with the Company's RAS accounting statements

4. Pay dividends for 2011 in the amount of RUB 87.68 per one ordinary share by no later than 26 August 2012.

5. Pay remuneration to the Members of the Revision Commission in accordance with the Regulation on Payment of Remunerations and Compensations to the Members of the Revision Commission in the following amounts:

O. B. Ivanov: an amount equal to 30 times the minimum wage on the RZD payroll2 (including a 50% increase for services as the Chairman of the Revision Commission);

A. N. Chernyavskaya: an amount equal to 20 times the minimum wage on the RZD payroll;

S. V. Davydov: an amount equal to 20 times the minimum wage on the RZD payroll;

A. Y. Romanov: an amount equal to 20 times the minimum wage on the RZD payroll;

N. A. Lem: an amount equal to 20 times the minimum wage on the RZD payroll.

2 The minimum wage as per RZD payroll is 6,551 rubles as of 27 February 2012.

6. Approve PricewaterhouseCoopers audit company as the Auditor of the Company according to RAS and IFRS for 2012.

7. Elect the following persons to the Board of Directors of JSC TransContainer:

1. David Hexter;

2. Irina Sergeevna Shitkina;

3. Vyacheslav Alexandrovich Petrenko;

4. Petr Vasilievich Baskakov;

5. Pavel Dmitrievich Ilyichev;

6. Aleksey Yurievich Davydov;

7. Dmitry Timofeevich Mukhin;

8. Yury Victorovich Novozhilov;

9. Alexey Nikolaevich Grom;

10. Yuri Borisovich Gilts;

11. Vladimir Ivanovich Andrienko.

A short biography of the new members of the Board of Directors is set out below.

Yury Victorovich Novozhilov

Year of birth: 1974

Education: Saint Petersburg State University; majoring in: Theoretical Economics

Information on the positions held for the last 5 years:

2004 to 2009 - First Deputy Head of the Corporate Finance Department of JSCo "RZD";

2009 to present - Chairman of the Executive Board of OJSC "TransCreditBank";

February 2012 - Managing Director of NPF (Non-State Pension Fund) BLAGOSOSTOYANIE.

Alexey Nikolaevich Grom

Year of birth: 1971

Education: Moscow State University of Railway Engineering (MIIT); Railway Engineer;

Stockholm School of Economics, Executive MBA

Information on the positions held for the last 5 years:

2007 to present - Managing Director of "Firm "Transgarant" LLC;

2008 to present - Member of the Executive Board, Vice-President, Railway Division of OOO Fesco Transportation Group.

Yury Borisovich Gilts

Year of birth: 1968

Education: Saint-Petersburg University of Management and Economics, 1994, Economist

Information on the positions held for the last 5 years:

2003 to 2008 - First Deputy General Director for Economics and Finance, member of the Executive Board of Far-Eastern Shipping Company PLC;

2008 to present - Member of the Executive Board - Vice-President for Finances of OOO Fesco Transportation Group;

from May 2012 - President of Far-Eastern Shipping Company PLC.

Vladimir Ivanovich Andrienko

Year of birth: 1954

Education: Bachelor Degree from Moscow State University, Master of Business Administration Degree from Harvard Business School

Information on the positions held for the last 5 years:

1998 to present - Managing Director of Russia Partners Management, L.L.C.

8. Elect the following persons to the Revision Commission of JSC TransContainer:

1. Sergey Vladimirovich Davydov;

2. Oleg Borisovich Ivanov;

3. Natalia Alexeevna Lem;

4. Liudmila Anatolievna Bulgakova;

5. Elena Vasilievna Yudina.

9. Approve the participation of JSC «TransContainer» in the German-Russian Forum Association.

10.1. Approve entering into related-party transactions that the Company may enter into in the future in the ordinary course of business (including freight forwarding agreements; agreements for the provision of services and execution of work relating to the arranging of transportation and transporting by sea; agreements for the repair of containers and motor vehicles and agreements for repair of other Company assets; maintenance agreements for the Company's equipment; cash management and payment service agreements; agreements for the provision of recreation services and transactions of other types).

The decisions specified in this paragraph shall be effective until the next Annual General Meeting of Shareholders of JSC TransContainer.

10.2. Approve entering into related-party transactions (supplementary agreements on the procedure for cooperation of JSC Russian Railways and JSC TransContainer at container terminals belonging to JSC TransContainer; supplementary agreements on the procedure for cooperation of JSC Russian Railways and JSC TransContainer at container terminals belonging to JSC RZD; supplementary agreements on the container lease contract).

11. Approve the following amendments and supplements to the Articles of Association of JSC TransContainer:

1. To state subclause 8 of clause 2.10, Section 2 of the Articles of Association as follows:

"8) Branch of JSC «TransContainer» on Volga Railway (abbreviated name - Volga Branch): 11/15, ulitsa Shelkovichnaya, Saratov, 410017;"

2. To state subclause 13 of clause 2.10, Section 2 of the Articles of Association as follows:

"13) Branch of JSC «TransContainer» on East Siberian Railway (abbreviated name - East Siberian Branch): 1-a, ulitsa Kommunarov, Irkutsk, 664003;"

3. To add subclause 311 to clause 15.1 of Section 15 as follows:

"311) adoption of the resolution on single bonus payment to the persons atmanagement positions of the Company as presented by the General Director of the Company, approval of candidates for which shall be determined by the Board of Directors of the Company".

12. Approve the Redrafted Provision with regard to the Procedure for Preparation and Holding of the General Meeting of Shareholders of JSC «TransContainer».

13. Approve the Redrafted Provision with regard to Remuneration and Compensation Payment to the Members of the Revision Commission of JSC «TransContainer».

14. Approve the Redrafted Provision with regard to Remuneration and Compensation Payment to the Members of the Board of Directors of JSC «TransContainer».

15.1. To pay annual remuneration to the Members of the Board of Directors in accordance with Regulation On Payment of Remunerations and Compensations to the Members of the Board of Directors.

15.2. To pay annual remuneration to the Committee Members in accordance with Regulations on Payment of Remunerations and Compensations to the Committee Members.