bid:	$3.71
ask:	$3.81
(RTS Stock Exchange, 11am, 11.03.10)

Board of directors

In accordance with the Annual General Meeting of Shareholders on June 30, 2004 on the quantitative composition of the Board of Directors consists of five members. The Board of Directorsis elected by the General Meeting of Shareholders by cumulative voting. The Board of Directors carries out general management of the Company activities, among other things, setting priorities for the Company’s business. The Board of Directors has meetings at least once in a quarter. Special sessions devoted to resolution of strategic issues shall be held as necessary. The Board of Directors approves annual budgets, the system of remuneration for the top management and takes important strategic and investment decisions. The Board also analyzes quarterly and annual financial reports, following up on the progress in attaining the objectives approved in the Company’s Strategic Plan.

Membership of the Board of Directors:

1. Sergey KRIVOSHEEV, Chairman
2. Artem BEKTEMIROV
3. Viktor VASILIEV
4. Vasily RUDOMINO
5. Vladimir STOLIN
6. Arkadi GIBOV
7. Lev GLIK