OREANDA-NEWS.  July 05, 2012. Sistema JSFC ("Sistema") (LSE: SSA), the largest diversified publicly-traded investment company in Russia and the CIS, announces the results of its Annual General Meeting of shareholders ("AGM"), reported the press-centre of Sistema.

The AGM approved payment of annual dividends of RUB 0.28 per ordinary share for the twelve months ended December 31, 2011, amounting to a total of RUB 2.7 billion (approximately US\\$ 82.3 million [1]). The dividend will be paid by August 29, 2012.

The AGM also approved the following members to the Board of Directors:
 
- Brian Dickie

- Vladimir Evtushenkov
    
- Alexander Goncharuk
       
- Marc Holtzman
         
- Vyacheslav Kopiev
         
- Robert Kocharyan
         
- Jeannot Krecke
         
- Roger Munnings
         
- Evgeny Novitsky
         
- Mikhail Shamolin
        
- Serge Tchuruk
         
- David Yakobashvili
         
- Dmitry Zubov

CJSC BDO was appointed as Sistema's Russian Accounting Standards auditor for 2012, and Deloitte & Touche CIS was appointed as Sistema's US GAAP auditor for 2012.

At the statutory Board meeting following the AGM, the Board of Directors appointed Vladimir Evtushenkov as Chairman.

The Company is not an investment company, and is not and will not be registered as such, under the U.S. Investment Company Act of 1940.