OREANDA-NEWS. On September 25, 2008 JSC “Polymetal” (LSE, MICEX, RTS: PMTL) (“Polymetal” or the “Company”) announced the results of the Extraordinary General Meeting of Shareholders of the Company (“EGM”) that was held today at the Company’s headquarters at prospect Narodnogo Opolcheniya 2, 198216, St. Petersburg, Russia, reported the press-centre of Polymetal.

EGM was convened by request of a shareholder who owned more than 10% of voting shares of the Company, and who offered to increase the numerical composition of the Board to 9 people.
 
Agenda of the EGM was the following:

1. To approve terms of procedure of general meetings.

2. To terminate the authorities of all members of the Board of Directors prior to expiration of their respective terms.

3. To determine the numerical composition of the Board of Directors members.
4. To elect the members of the Board of Directors.

EMG approved the terms of procedure of general meetings, terminated the authorities of the members of the Board of Directors. The numerical composition of the Board of Directors members was increased up to 9 people. The following members of the Board of Directors were elected by a majority vote of the Company’s shareholders: Marina Abramova, Sergey Areshev, Jonathan Best, Vitaly Nesis, John O'Reilly, Russel Skirrow, Martin Schaffer, Ilya Yuzhanov, Konstantin Yanakov.