OREANDA-NEWS. At the Extraordinary Meeting of Shareholders of Siberian Coal Energy Company (SUEK) held on December 20, 2006, the company's shareholders made a decision to increase the number of Board members to 9 directors, and elected a new Board.

The new SUEK Board of Directors is comprised of:
1. Martin Andersson - partner and founder of Brunswick Group;
2. Dmitry Bosky - founder and managing partner of Berkley Capital Partners;
3. George Cardona - founder and Executive Director of Cardona Lloyd & Co Ltd;
4. Stephan Ducharme - Counselor, Sun Interbrew Group;
5. Mikhail Kisliakov - General Director, East Broker Investment Company;
6. Alexander Landia - prior to joining SUEK, he served as partner and Managing Director of Global Gas, Accenture;
7. Andrei Melnichenko - member of the Board of MDM Bank;
8. Sergei Popov - member of the Board of MDM Bank;
9. Anatoly Ruban - Deputy Director (Research), Research Institute of Comprehensive Exploitation of Mineral Resources, Russian Academy of Sciences.

At the first Board meeting, held the same day, Alexander Landia was elected the Chairman of the Board.

The shareholders also made the decision to approve Deloitte & Touche CIS as the auditor to perform audit for 2006 in accordance with International Financial Reporting Standards (IFRS).

The shareholders also approved a new version of the Provision on Directors' Compensation.