OREANDA-NEWS.  On December 26, 2007, the meeting of the Board of Directors of JSC Irkutskenergo took place, where issues of activity of the Company were considered, Irkutskenergo's press service reported. According to the results of voting, the following resolutions were made:

- Business plan and budget of JSC Irkutskenergo for 2008 were approved; business plan of Irkutsk Grid Company Ltd. was taken as a basis.

- Credit policy of JSC Irkutskenergo for 2008 was approved.

- Long-term investment plan of JSC Irkutskenergo was considered; the necessity of carrying out of additional issue of shares was acknowledged. The management of the Company was given a task to complete the investment program and necessary materials for definition of key indicators of additional issue of shares.

- Basic conceptual directions of development of information technologies of JSC Irkutskenergo were approved.

The consolidated reports of JSC Irkutskenergo and Irkutsk Grid Company Ltd for 9 months 2007 were taken into account, as well as the report of General Director and Management Board of JSC Irkutskenergo on financial and economic activity of the Company for 9 months of 2007.