OREANDA-NEWS. August 12, 2013. Igor Sechin took part in Saras S.p.A. Board of Directors meeting which discussed the company's results for H1 2013.

The BOD agenda also touched upon issues relating to changes at the international electric power industry and their influence on Saras' interests.

Notes for Editors:
Rosneft, through its wholly owned subsidiary Rosneft JV Projects S.A., currently holds a stake equal to 20.99% of Saras S.p.A. share capital, following the direct purchase of 13.70% of Saras share capital from Angelo Moratti S.a.p.A., Gian Marco Moratti and Massimo Moratti, which was finalized on 23rd April 2013, and the voluntary partial Public Tender Offer on 7.29% of Saras share capital, which came to a conclusion on the 14th June 2013. Igor Sechin, Rosneft President and Chairman of the Management Board, was nominated to SARAS S.p.A. BOD on May 14, 2013 and was later appointed member of the BOD.