OREANDA-NEWS. On 04 April 2008 was announced, that the regularly scheduled meeting of "Oranta" Incorporated stockholders would take place on April 25, 2008. In particular, at this meeting the annual Board of Directors’ report on Company’s financial and economic activities in 2007 will be approved and main directions of activities for 2008 will be determined. Besides, stockholders are going to discuss the questions of "creation, reorganization and dissolution of individual "Oranta" Incorporated branches" and approve the regulation on Company’s branches. Let us remind you that by the end of the current year "Oranta" Incorporated is going to expand its branch network form 700 to 810 departments.

The meeting will also discuss increase of the Company’s statutory fund (SF) for the purpose of replenishing its circulating assets. SF increase will be accomplished by increasing the number of shares of present nominal value. Minimum increase of SF amounts to 95,366,700 UAH. The number of additionally issued common nominal shares is 16,302,000. The nominal value of each share is 5,85 UAH. As a result of increase "Oranta" Incorporated statutory fund will make 175 032 000 UAH.