OREANDA-NEWS. March 17, 2011. "IDGC of Urals" (RTS and MICEX: MRKU) reports on the results of BoD session.

Review of shareholder proposals to introduce issues into the AGM's agenda and nominate candidates to management and control bodies, reported the press-centre of IDGC of Urals.

According to the Company's Charter, the procedure of candidate nomination to management and control bodies to be elected by AGM was finished. The Board of Directors reviewed proposals on BoD and Audit Commission candidate nomination submitted by the shareholders possessing no less than 2% of voting shares.

BoD's voting resulted in approval of the following list of BoD candidates to be elected on the AGM:

Anna Valeryevna DROKOVA, Chief specialist - expert at management section of Russian Property Fund

Andrei Sergeevich KOLYADA, Deputy Head of management section of Russian Property Fund

Irina Andreevna CHENTSOVA, Chief specialist - expert at management section of Russian Property Fund

Sergey Sergeevich EZIMOV, Portfolio advisor at a branch of Wermuth Asset Management GmbH

Konstantin Mikhailovich YUSHKOV, Portfolio advisor at a branch of Wermuth Asset Management GmbH

Mikhail Viktorovich AZOVTSEV, M&A Director at Intergrated Energy Systems

Aleksey Veniaminovich BELSKY, Head of Corporate Secretary Directorate at Intergrated Energy Systems

Konstantin Vladimirovich SHEVCHENKO, Deputy General Director at Infrastructure Capital

Aleksandr Nikolayevich CHISTYAKOV, General Director at Infrastructure Capital

Maksim Aleksandrovich EREMEEV. First Deputy MB Chairperson at UK Decor

Petr Mikhailovich EROKHIN, General Director at  a branch of SO UES ODU of the Urals

Mikhail Yuryevich KURBATOV, A MB member, Deputy General Director at IDGC Holding

Aleksandr Vladimirovich KUZHILIN, Deputy Head of Department - Head of Organization Section of Administration Department at IDGC Holding

Boris Iosiphovich MEKHANOSHIN, Deputy General Director - Technical Director at IDGC Holding

Dmitry Dmitryevich MIKHEEV, Deputy Head of Energy Transport and Saving Department 
at IDGC Holding

Valery Nikolayevich RODIN, General Director of IDGC of Urals

Maksim Mikhailovich SAUKH, Deputy Head of Corporate Governance and Shareholder Relations Department at IDGC Holding

Aleksey Yuryevich STEPANOV, Director of Operating Control and Management and Mobilization Department at the Russian Ministry of Energy

Taras Vyacheslavovich SHEVCHENKO, Head of Purchase Department at IDGC Holding

Sergey Evgenyevich YURCHUK, Director for Finance at IDGC Holding

Viktor Anatolyevich GEYN, Deputy General Director for Technological Risk Management at Infrastructure Capital

Aleksandr Viktorovich UGRYUMOV

Remes Seppo Uha, General Director at Kiuru

Denis Viktorovich KULIKOV, Executive Director at Association for Investor Rights Protection

Aleksandr Viktorovich SHEVCHUK, Deputy Executive Director, Association for Investor Rights Protection

Sergey Vladimirovich POKROVSKY, Expert, Association for Investor Rights Protection

The Board of Directors is a collegiate management body of the Company; it executes general management over the Company's activity, except for the issues being the competence of AGM according to federal legislation and the Charter. The BoD is annually elected by the AGM (number of members equaling 11) using cumulative voting.

The Board of Directors also approved the following candidates to the Company's Audit Commission:

Evgeny Sergeevich BORISOVSKY, Chief specialist - expert at management section of Russian Property Fund

Yulia Stanislavovna VARFOLOMEEVA, Chief specialist - expert at management section of Russian Property Fund

Sergey Aleksandrovich KRAVCHENKO, Chief specialist - expert at management section of Russian Property Fund

Viktoria Sergeevna OGURTSOVA, Chief specialist - expert at management section of Russian Property Fund

Ivan Ivanovich KHODYKIN, Specialist - expert at management section of Russian Property Fund

Maksim Nikolayevich DANILOV, Head of Internal Audit Department at Integrated Energy Systems

Aleksandr Yuryevich BUDANOV, Deputy Head of Internal Audit Department at Integrated Energy Systems

Izumrud Aligadzhievna ALIMURADOVA, Internal Audit and Risk Management Director (Head of Internal Control and Risk Management Department at IDGC Holding

Vladimir Nikolayevich ARKHIPOV, Head of Security Department at IDGC Holding

Lyudmila Dmitrievna KORMUSHKINA, Head of Internal Audit, Audit Inspections and Expertise Section of Internal Control and Risk Management Department at IDGC Holding

Igor Yuryevich BOGACHEV, Leading expert of Internal Audit, Audit Inspections and Expertise Section of Internal Control and Risk Management Department IDGC Holding

Irina Aleksandrovna FILIPPOVA, Leading expert of Internal Audit, Audit Inspections and Expertise Section of Internal Control and Risk Management Department IDGC Holding

The Audit Commission executes control over financial and operating activities of the Company; it is elected (number of members equaling 5) by AGM in procedure stipulated in the current legislation and the Charter for 1 year.
 
Determination of a BoD session date when AGM issues will be reviewed

The Company's Board of Directors approved that BoD session whiсh will consider issues related to preparation to AGM (defining the date, time and place of AGM, AGM agenda, register date, etc.) will be held on April 29, 2011.