OREANDA-NEWS. The Board of Directors’ meeting is being held at Gazprom’s Headquarters, reported the press-centre of  Gazprom. 

The Board resolved to hold the Gazprom Annual General Shareholders’ Meeting on June 29, 2007, starting from 10am Moscow time, at Gazprom’s Headquarters and initiate registration of participants on June27, from 10am till 5pm and on June 29, from 9am.
The Board also resolved to provisionally endorse and submit for the Shareholders’ Meeting approval the Gazprom 2006 Annual Report and the Gazprom (parent company) 2006 financial accounts prepared in accordance with Russian legislation.
The Board recommended the Shareholders’ Meeting to approve the allocation of Gazprom’s net profit based on the 2006 operating results.
The Board recommended the Shareholders’ Meeting to approve proposals to pay out RUR 2,54 per share in annual dividend (a more than 69 per cent increase versus the previous year) based on the Gazprom 2006 operating results and set December 31, 2007 as the dividend payment deadline.
The Board endorsed proposals on the remuneration of the Board of Directors and Audit Commission.
The Board formed the Shareholders’ Meeting Presidium made up of the Board Members and approved Dmitry Medvedev, the Gazprom’s Board Chairman, as the Shareholders’ Meeting Chairman.
The Board reviewed the results of the open tender for the selection of an auditing company responsible for performing statutory annual audit of Gazprom and nominated the tender winner - PricewaterhouseCoopers Audit as Gazprom’s auditor, subject to approval by the Shareholders’ Meeting.
The Board submitted for the Shareholders’ Meeting approval draft amendments in the Gazprom Articles of Association, as prescribed by the revised Federal Law on Joint-Stock Companies.
The Board also adopted decisions on other matters relative to the Gazprom General Shareholders’ Meeting preparation and holding.