OREANDA-NEWS. On 24 July 2009 was announced, that CenterTelecom OJSC held the annual general meeting of its shareholders. The meeting was conducted in praesentia; the shareholders made decisions on all items on the agenda.

The shareholders of the company approved an annual report, and annual financial statements including profit and loss statement.

The participants decided to distribute CenterTelecom's profit for 2008 as follows:

RUR646,373,500 will be paid out in dividend payments including:

RUR0.4915455 per each preferred share type A;

RUR0.2457683 per each common share;

RUR1,939,120,500 will be spent towards increasing the company's equity capital.

The shareholders also approved a procedure of dividend payment to the persons included in the list of the persons having the right to receive dividends.

In accordance with the voting results the new Board of Directors of CenterTelecom includes:

Nikolai Arutyunov, Director of Research Department, Moscow representative office of NCH Advisors, Inc

Igor Danilenko, Director of representative office of Prosperity Capital Management (UK) Ltd.

Alexander Ivanov, President, MFI Soft LLC

Mikhail Leschenko, Advisor to the Minister of Telecoms and Mass Communications of the Russian Federation

Alexei Lokotkov, Deputy General Director, Svyazinvest OJSC

Oksana Petrova, Chief of Department in the Corporate Governance and Law Directorate, Svyazinvest OJSC

Alexander Provotorov, First Deputy General Director, Svyazinvest OJSC

Vladimir Statyin, General Director, Association for Shareholders Interests Protection NP

Elena Umnova, Deputy General Director, Svyazinvest OJSC

Maxim Tsyganov, Deputy General Director, KIT Finance Investment Bank LLC

Evgeny Yurchenko, General Director, Svyazinvest OJSC.

The company's Audit Committee includes the following members:

Polina Burmistrova, Deputy Chief of Department in the Corporate Governance and Law Directorate, Svyazinvest OJSC

Natalia Vorobyova, Head of Mid Term Planning Dept, Svyazinvest OJSC

Ivan Kiselev, Chief of Budget Policy Dept in the Economic Planning and Budgeting Directorate, Svyazinvest OJSC

Lyudmila Kormilitsyna,  Chief of Department in the Corporate Governance and Law Directorate, Svyazinvest OJSC

Olga Koroleva,  Chief Accountant, Svyazinvest OJSC

Natalia Uzlova,  Deputy Chief of the Accounting Department in the Directorate for Accounting, Taxation and Statistics, Svyazinvest OJSC

Olga Chetverkina, Chief Specialist, Internal Audit Directorate, Svyazinvest OJSC.

The shareholders selected KPMG CJSC as the company's auditor for 2009.

The AGM approved new versions of CenterTelecom's Charter and Regulations governing the Board of Directors of CenterTelecom, and also norms (rates) setting the scale of annual remuneration for members of the company's new Board of Directors.

On the same day, following the close of AGM the first meeting of the new Board of Directors took place. Evgeny Yurchenko was elected Chairman of the Board, and Alexei Lokotkov was elected his deputy.