OREANDA-NEWS. June 04, 2009. Transsiberian Re Annual General Shareholders meeting was held on 29 May, 2009 in the office of European Bureau branch of OJSC Transsiberian Reinsurance Corporation. During the meeting there was approved annual report of the Company and annual financial statements for 2008, including income statement (profit and loss account).

During the General Shareholders’ Meeting it was decided neither declare nor pay Transsiberian Re ordinary share dividends, as for the preferred share dividends, these are to be paid out of last year retained earnings, amounting to 90 000 rubles at 1.50 rubles per each preferred share. The dividends are to be paid within 90 days from the date of decision.

During the OJSC Transsiberian Re General Shareholders’ meeting there were elected the following members of the Board of Directors: I.F. Kovrigina, I.Yu. Postnikova, Yu.A. Vronskiy, A.I. Leonenko, including A.V. Fadeeva who replaced Anthony Hobrow.

Apart from that, during the General Shareholders’ meeting there was elected the audit commission of OJSC Transsiberian Re with the following membership: S.Yu. Marshev, Yu.M. Nikolaeva, A.R. Romanov. CJSC Independent consulting group 2K Audit – Business consulting was approved to be the auditor of OJSC Transsib Re for 2009.