Press Release on Decisions Adopted by the Board of Directors on July 11, 2011
On July 11, 2011, the Board of Directors of JSC TransContainer (TRCN) (the “Company”) adopted the following decisions:
1. To appoint Mr. Pavel D. Ilyichev as the Chairman of the Board of Directors of JSC TransContainer and Mr. Sergei V. Generalov as the Deputy Chairman of the Board of Directors of JSC TransContainer.
A short biographies of them is set out below:
Mr. Pavel D. Ilyichev
Year of birth: 1974
Recent positions held:
2003 – 2009: Treasurer in the Financial Management Department and Director of Finance at CJSC «Eurosib»;
2009 – present: Deputy Head of Corporate Finance at OJSC Russian Railways.
Mr. Sergey V. Generalov
Year of birth: 1963
Recent positions held:
President of theFESCO Transportation Group (the management company for JSC Far East Shipping Company).
2. To elect Olga A. Miller as the Corporate Secretary of JSC «TransContainer».
3.1. To approve the Work Schedule for the Board of Directors of JSC «TransContainer» for the period up to the General Meeting of Shareholders.
3.2. To approve the Schedule of the Board of Directors’ meetings for the period up to the General Meeting of Shareholders.
3. To elect the Strategy Committee of the Board of directors comprising the following persons :
Aleksey Y. Davydov;
Sergei V. Generalov;
Zhanar Rymzhanova;
Petr V. Baskakov.
To elect Aleksey Y. Davydov as the Chairman of the Strategy Committee.
4. To elect the Audit Committee of the Board of Directors comprising the following persons:
David Hexter;
Dmitry T. Mukhin;
Kirill Y. Rubinskiy;
To elect David Hexter s the Chairman of the Audit Committee.
5. To elect the Personnel and Remuneration Committee of the Board of Directors comprising the following persons:
Vyacheslav A. Petrenko;
Irina S. Shitkina;
Sergei V. Generalov;
Irina A. Kostenets.
To elect Irina S. Shitkina as the Chairman of the Personnel and Remuneration Committee.
6. To cause the Committee for HR and Incentives to consider the issue of independent directors and to provide the Board of Directors with information on the members of the Board of Directors corresponding to the requirements of independenceю
7. To take note of the report of implementation of critical risk action plan for the 4th quarter of 2011 and the 1st quarter of 2011.
8. To approve termination of JSC «TransContainer» participation in JSC Kedentransservice by contributing 20.1% of JSC Kedentransservice shares in the share capital of Logistic Investment SARL (Luxemburg) which is a 100% subsidiary of JSC «TransContainer».
9. To approve certain entering into additional agreements to the credit agreements.
10. To approve entering into the confidentiality agreement between
JSC «TransContainer» and JSC Kedentransservice.
11. To approve certain related party transactions.
12. To approve bank guarantee agreements between JSC «TransContainer» and OJSC «TransCreditBank» in 2011.
13. To approve alienation of immovable property objects owned by JSC «TransContainer».
This statement is published by the Issuer pursuant to Order the Federal Financial Markets Service of Russia No. 06-117/PZ-N dated October 10, 2006 ‘On Approval of Regulations on Information Disclosure by Issuers of Issue-Grade Securities’.
JSC TransContainer
Corporate Secretary
О. А. Miller
Tel. +7 (495) 609-67-17
