Notice of EGM

12 Sep 2007 08:30

OJSC Polyus Gold12 September 2007 Extraordinary General Shareholders' Meeting of Polyus Gold will take place on October 26, 2007 The Board of Directors OJSC Polyus Gold (RTS, MICEX and LSE: PLZL) has resolvedto convene the Extraordinary General Shareholders' Meeting (hereinafter -Meeting) on October 26, 2007. The record date is September 14, 2007. The Meeting will be held in the form of absentee voting. All holders of ordinaryshares, included into the list of persons entitled to participate in theMeeting, will receive voting ballots which have to completed and sent to theaddresses indicated in the voting ballot by October 26, 2007. The Meeting's agenda is as follows: 1. Remuneration and reimbursement of the expenses of independent directors - members of the Board of Directors OJSC Polyus Gold. 2. Determination of the value of Directors' and Officers' liability insurance for members of the Board of Directors OJSC Polyus Gold. 3. Approval of the related party transaction on Directors' and Officers' liability insurance for members of the Board of Directors OJSC Polyus Gold. 4. Determination of the value of assets being the subject matter of the Indemnification Agreements with members of the Board of Directors OJSC Polyus Gold. 5. Approval of the Indemnification Agreements with members of the Board of Directors OJSC Polyus Gold as interrelated related party transactions. Information on the agenda items will be disclosed by September 21, 2007, on theCompany's web-site (www.polyusgold.com), and also could be obtained by theshareholders at the addresses stated in the Meeting's Notification. In order to participate in the Meeting the ADR holders shall complete the proxycards and timely submit them to the Depositary bank - The Bank of New YorkMellon. This information is provided by RNS The company news service from the London Stock Exchange