OREANDA-NEWS. April 04, 2011. Globaltrans Investment PLC (the “Company” together with its consolidated subsidiaries “Globaltrans”, or the “Group”), (LSE ticker: GLTR) today announces that at a meeting on April 1st, 2011, the Board of Directors of Globaltrans called an Annual General Meeting of shareholders to be held at City House, 6 Karaiskakis Street, Limassol, Cyprus on Monday, May 13th, 2011 at 10 am (Cyprus time), to consider and, if thought fit, pass the following resolutions:

1. To receive and adopt the Group and Company audited financial statements together with the reports of the directors and the auditor for the financial year ended 31 December 2010.

2. To approve the distribution by the Company of final dividends in respect of the financial year ended on 31 December 2010 in the amount of 37 US cents per ordinary share.

3. To re-appoint PricewaterhouseCoopers Limited as auditors of the Company to hold office until the conclusion of the next general meeting at which the accounts are laid before the Company and to authorise the Board of Directors to determine the remuneration of the auditors.

4. To re-appoint Alexander Eliseev as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company.

5. To re-appoint Michael Zampelas as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR60,000 (sixty thousand).

6. To re-appoint Johann Franz Durrer as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR110,000 (one hundred ten thousand).

7. To re-appoint Sergey Maltsev as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company.

8. To re-appoint Mikhail Loganov as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR120,000 (one hundred twenty thousand).

9. To re-appoint Elia Nicolaou as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company with an annual gross remuneration of EUR1,500 (one thousand five hundred).

10. To re-appoint Konstantin Shirokov as a director of the Company for a period of one year to hold office until the conclusion of the next annual general meeting of the shareholders of the Company.