OREANDA-NEWS. August 14, 2012. Kazakhstan Kagazy plc ("the Group") held its Annual General Meeting "AGM"), reported the press-centre of KASE.

The AGM resolved to approve the audited accounts of the Company for the year ending 31 December 2011 together with the report of the Auditors on those audited accounts. It also decided not to pay dividend for the year.

PriceWaterhouseCoopers LLP was appointed as auditors to the Company until the conclusion of the next General Meeting.

Furthermore it resolved to remove Jeremy Polturak as a Director and to accept the appointment of Martin Quirke and John Khabbaz as Directors of the Company with effect from 30th November 2011.

Tomas Mateos Werner was re-elected as a Chairman of the Board of Directors of the Group.