OREANDA-NEWS. April 29, 2009. RiskMetrics Group, the leading international proxy advisory firm, had released a series of recommendations in respect of Polyus Gold’s (RTS, MICEX and LSE – PLZL)  forthcoming Annual Shareholders Meeting scheduled for May 15th, reported the press-centre of Polyus Gold.

In particular, in the report RiskMetrics Group recommends institutional shareholders to vote

FOR Independent Directors, Mr. Robert Buchan and Mr. Valery Braiko;

FOR four out of five candidates to the audit comission proposed by the Board;

Approve proposed Annual report and Income allocation

General Director of OJSC Polyus Gold Evgueni Ivanov noted: “We consider the report of RiskMetrics to be very positive for the company. We welcome Risk Metrics position to support independent Directors of the Company".
 
OJSC Polyus Gold is Russia’s leading gold producer and one of the world’s largest gold companies in terms of market capitalization, minerals base and output. The Company’s asset portfolio includes ore and alluvial deposits in Krasnoyarsk Territory, Irkutsk, Magadan and Amur Oblasts and Republic of Sakha (Yakutia). Gold production of OJSC Polyus Gold totaled 1,222m oz in 2008.