results of board meeting

15 Feb 2008 08:29

OJSC Magnitogorsk Iron &Steel Works15 February 2008 February 15, 2008 MMK to hold General Shareholders Meeting on April 25, 2008 On February 14, 2008 the Board of Directors of MMK decided to hold the generalshareholders' meeting on April 25, 2008. The Board also approved of the following agenda for the General Shareholders'meeting: 1. Approval of the Company's 2007 annual report; annual financial statements, including statement of profit and losses; allocation of profit, including dividend payment (declaration), and losses for the financial year 2007 2. Election of members to the Company's Board of Directors 3. Election of members to the Company's Internal Audit Commission 4. Approval of the Company's Auditor 5. Approval of remuneration to the members of the Board of Directors 6. Approval of remuneration to the members of the Company's Internal Audit Commission 7. Approval of revised Regulations of the Board of Directors 8. Approval of interested party transactions The list of persons entitled to participate in the General Shareholders' meetingof the Company's shareholders will be prepared on the basis of the Shareholders'Register as of 13-00 Moscow time, March 07, 2008. Contacts: Head of IR Evgeny Kovtunov t: +7 3519 24 93 55 E-mail: kovtunov@mmk.ru Press-secretary Elena Azovtseva t: +7 3519 24 90 82 E-mail: azovtseva@mmk.ru This information is provided by RNS The company news service from the London Stock Exchange