OREANDA-NEWS. OJSC MMK announces that a meeting of the MMK Board of Directors was held today, April 18, 2014.

The Board of Directors have approved agenda for the Annual General Shareholder Meeting (AGM):

1. Approval of the Company's annual report, annual financial statements including the profit and loss statement, as well as distribution of profit, including payment (announcement) of dividends, and losses based on the results of the financial year;

2. Election of members of the Company's Board of Directors;

3. Election of members of the Company's Audit Commission;

4. Approval of the Company's auditor;

5. Approval of remuneration payments to members of the Company's Board of Directors;

6. Approval of remuneration payments to members of the Company's Audit Commission.

The Board preliminary approved the Company's 2013 Annual Report.

The Board recommended that MMK's AGM scheduled for May 30, 2014 declares no final dividend for FY 2013.

The Board has outlined the scope of documents (information) to be forwarded as reference to the shareholders prior to the AGM and approved the order in which such documents (information) have to be presented. Voting ballot has been approved.

The Board issued a recommendation for the AGM to consider approving the Board-nominated Company Auditor - ZAO KPMG, included in voting ballots candidates for Board of Directors and candidates for Auditors Committee, approved new version of the Regulation on the procedure for the payment of remuneration and reimbursement of expenses to members of the MMK's Board of Directors.