OREANDA-NEWS. On 06 July 2009 PJSC Novorossiysk Commercial Sea Port (LSE: NCSP, RTS and MICEX: NMTP) announced the election of the Chairman of the Board of Directors, as well as members and chairpersons of the Auditing committee and the Nomination and remuneration committee.

The Board of Directors of PJSC Novorossiysk Commercial Sea Port approved the following resolutions in the form of absentee voting:

   1. To elect Alexander A. Ponomarenko as the Chairman of the Board of Directors.

   2. To appoint Vladimir N. Matveev as the Secretary of the Board of Directors.

   3. To elect the Auditing Committee of PJSC NCSP consisting of 3 persons:

       - Georgiy A. Koryashkin, member of the Board of PJSC NCSP;

       - Tamara A. Pakhomenko, member of the Board of PJSC NCSP;

       - Alexander A. Ponomarenko, member of the Board of PJSC NCSP.

   4. To elect Georgiy A. Koryashkin as the Chairman of the Auditing Committee of PJSC NCSP.

   5. To elect the Nomination and Remuneration Committee of PJSC NCSP consisting of 3 persons:

       - Georgiy A. Koryashkin, member of the Board of PJSC NCSP;

       - Tamara A. Pakhomenko, member of the Board of PJSC NCSP;

       - Alexander A. Ponomarenko, member of the Board of PJSC NCSP.

   6. To elect Georgiy A. Koryashkin as the Chairman of the Nomination and Remuneration Committee of PJSC NCSP.

Commenting on the election of Ms. Pakhomenko to the committees of the Board of Directors, the Chairman of the Board Alexander A. Ponomarenko said: "Ms. Pakhomenko holds PhD. in law, and her active participation in the work of the committees will improve the quality of analysis and decision-making. Ms. Pakhomenko is well-acquainted with the transportation industry and the business of NCSP Group in particular. Since 2006 she has been an active member of the boards of NCSP subsidiaries, including OJSC IPP and PJSC NCSP Fleet".