The first meeting of OJSC TransContainer’s new Board of Directors was held on 28 July in Moscow.

Dmitry Novikov was elected Chairman of the Board of Directors, and Alexei Averin was elected Deputy Chairman. The decision was taken to approve the Board of Directors’ plan of action for the period up to the annual General Meeting of Shareholders.

In addition, the Board of Directors approved the members of OJSC TransContainer’s Auditing and Strategy Committees. The Auditing Committee comprises General Director Petr Baskakov, Alexei Averin, Genna Lozovsky and Maxim Liksutov (independent director), who was elected Chairman of the Committee. The Auditing Committee [sic] comprises Yuri Novozhilov, Gleb Fedulov, Sergei Andreikin, and independent director David Hexter was elected Chairman of the Committee.

The Board of Directors approved the Regulations on the Disclosure of Information and the Regulations on Insider Information.

In addition, the Board adopted a number of decisions on the rendering of charitable assistance by the Company. In particular, the Company will provide financial assistance to Piligrim, the Inter-Regional Non-Governmental Organisation for the Disabled, for its ‘Northern Expedition’ trip to the northern regions of Russia for disabled children. The Autonomous Not-for-Profit Organization for General and Additional Education ‘Pravoslavnaya Gimnaziya’ (Vladivostok) will also receive material assistance.

The Company will also render assistance in transporting the structure of a church from Batareinaya to Blagoveshchensk and for the ‘RZhD Zavtra – Eto My’ corporate rest and health programme for teenagers and young people.