OREANDA-NEWS. On July 22, 2008 Ust-Kamenogorsk reinforcement plant JSC (Ust-Kamenogorsk, hereinafter - the company), shares of which are included into Kazakhstan Stock Exchange (KASE) category "B" official list, provided to KASE the copy of minutes of its Board of Directors absentee meeting of July 2, 2008, reported the press-centre of KASE.

According to the provided document the company's Board of Directors made the following decisions:

- early termination from July 15, 2008 of authorities of the Board member - First Chairman of the company's Board Syzdykov B.A. (due to termination of the contract), the Board member Kabidullina T.O.(due to termination of the contract), the Board member Pavlov A.V.;

- from July 15, 2008, discontinue authorities of the Acting Chairman of the company's Board Mityaev A.K.;

- elect to the position of the company's Board Chairman Greznev N.V. from July 15, 2008 for three years;

- approve the revised version of regulations on the company's Board.