OREANDA-NEWS. July 28, 2011. Based on the Resolution on share splitting approved by the Annual General Meeting of shareholders on June 30, 2011, the Board members voted to approve the Resolution on issue of ALROSA’s shares (registered ordinary non-documented shares of RUB 0.5 par value) totaling 7,364,965,630 shares, way of share placing: conversion at share splitting, reported the press-centre of ALROSA.

The set of documents for shares emission will be submitted for state registration of emission to the Federal Financial Markets Service of Russia, whereupon the shares will be converted, the report on the results of emission will be approved by the Supervisory Board, the report on the results of emission will be registered by the Federal Financial Markets Service of Russia, and the state registration of amendments to the Company Charter will be performed.

As a result of share splitting, each Company share of RUB 13,502.50 par value shall be converted into 27,005 Company shares of 50 kopecks par value each. It implies that the number of shares held by each Company’s shareholder will be increased 27,005 times, at the same time the aggregate par value of shares held by each shareholder as a result of splitting and conversion will remain the same.

The Board approved the prospectus of new securities — registered ordinary non-documented shares of RUB 0.5 par value totaling 7,364,965,630 shares. The shares are planned to be placed on organized trading platforms (exchanges).