OREANDA-NEWS. At the Annual General Meeting of the Company all the following resolutions were passed:

Ordinary Resolutions:

The report of the directors, the audited financial statements and auditor's report for the year ended 31 December 2012 were adopted;

A final dividend of 0.03 for each Ordinary Share of 0.001 in the Company was declared;

Valery Oyf, who retired as a director of the Company, was re-elected;

Alla Baranovskaya, who retired as a director of the Company, was re-elected;

Sergey Mineev, who retired as a director of the Company, was re-elected;

Andrey Solovyov, who retired as a director of the Company, was re-elected;

Ernst & Young LLP were re-elected as auditors of the Company, to hold office until the conclusion of the next Annual General Meeting; and

The directors were authorised to fix the auditor's remuneration.

The percentage of the votes cast was 60.6%

The dividend payment date is 14 June 2013.