OREANDA-NEWS. On 18 August 2008 was announced, that the Extraordinary General Shareholders Meeting of Baltika Breweries held on 13 August passed a resolution terminating the powers of the former Board of Directors and elected new members.

The need to elect a new Board of Directors at Baltika Breweries resulted from changes in the Company’s shareholders’ structure.

Baltika Breweries’ new Board of Directors consists of the following members:

Anton Artemiev

President, Baltika Breweries.

Senior Vice President Eastern Europe, Carlsberg Breweries A/S

Alexander Izosimov (independent director)

General Director, Vympelcom OJSC

Alexander Ikonnikov (independent director)

General Director, Board Solutions CJSC

Hans Kasper Medsen

Senior Vice President, Carlsberg Breweries A/S

Jørgen Buhl Rasmussen

President, Carlsberg Breweries A/S

Bjørn Søndenskov

Vice President, Carlsberg Breweries A/S.

Alexander Shokhin (independent director)

President, the Russian Employers' Association "The Russian Union of Industrialists & Entrepreneurs".

Baltika Breweries is the largest FMCG producer in Russia. Ever since 1996, it has been the leader on the Russian beer market. The Company comprises 11 breweries across the country. It has a wide portfolio of more than 40 brands, including such well-known brands as Baltika, Nevskoye, Yarpivo, Arsenalnoye, Tuborg, and Carlsberg. The Company employs more than 12,000 people.