OREANDA-NEWS. July 07, 2010. PJSC Novorossiysk Commercial Sea Port (LSE: NCSP, RTS and MICEX: NMTP) announces 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.

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

- To elect the Auditing Committee of PJSC NCSP consisting of 3 persons: Georgy A. Koryashkin; Tamara A. Pakhomenko; Alexander A. Ponomarenko.

- To elect Georgy A. Koryashkin as the Chairman of the Auditing Committee of PJSC NCSP.

- To elect the Nomination and Remuneration Committee of PJSC NCSP consisting of 3 persons: Georgy A. Koryashkin; Tamara A. Pakhomenko; Alexander A. Ponomarenko.

- To elect Georgy A. Koryashkin as the Chairman of the Nomination and Remuneration Committee of PJSC NCSP.

- To qualify these members of the Board of directors – Alexander N. Shokhin, Alexander A. Ponomarenko, Eugene I. Gorlakov, and Georgy A. Koryashkin – as independent directors according to PJSC NCSP Corporate Governance Code.