OREANDA-NEWS. June 17, 2011. IDGC of Urals, ОАО (RTS and MICEX: MRKU) reports on the Company's AGSM results.

June 16, 2011 saw the annual general shareholder meeting of IDGC of Urals,. The AGSM, arranged in the form of the simultaneous attendance of the shareholders, adopted resolutions on all AGM agenda issues.

Our shareholders approved 2010 annual report, annual financial statements, including report profit and loss statement. The AGSM also decided to distribute the net profit equaling RUR 1 684 773 thous. to the reserved fund (RUR 84 349 thous.), to enterprise development (RUR 1 354 874 thous.) and dividends (RUR 245 550 thous.). Dividends per one common share totaled RUR 0.0028.

According to the voting results the membership of the Company's BoD is as follows:

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

Mikhail Viktorovich AZOVTSEV, M&A Director at Integrated Energy Systems, ZAO

Konstantin Vladimirovich SHEVCHENKO, Deputy General Director at Infrastructure Capital, OOO

Mikhail Yuryevich KURBATOV, A MB member, Deputy General Director 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,

The Company's Audit Commission is as follows:

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 AGSM approved HLB Vneshaudit, ZAO as the auditor for 2010 and Finexpertiza, OOO as the auditor for 2011. Besides, the shareholders approved the following internal documents - The Charter, the Regulations on the Procedure for AGSM Convention and Arrangement, the Regulations on the Procedure for BoD Convention and Arrangement and the Regulations on the Management Board.

The AGSM also decided to pay the remuneration to the BoD members.