Continue

Back to

Stock exchange release

Decisions by the Annual General Meeting of Fortum subsidiary TGC-10's Annual General Meeting

30 May 2008, 08:40 EEST

Fortum Corporation Stock exchange release 30 May 2008 at 8.40 EET

Decisions by the Annual General Meeting of Fortum subsidiary TGC-10's Annual    
General Meeting                                                                 

The Annual General Meeting of Fortum's Russian subsidiary JSC “TGC-10” was held 
on 30 May 2008 in Chelyabinsk, Russia.                                          

The Annual General Meeting of JSC “TGC-10” approved the annual report and       
financial statements for the financial year 2007 and the allocation of profits  
and decided not to pay dividend on ordinary shares of the Company based on 2007 
results totaling 10.0 million rubles (10,035 thousand rubles or approximately   
EUR 270 thousand).                                                              

The Annual General Meeting elected the following persons to the Board of        
Directors of JSC “TGC-10”:                                                      

Tapio Kuula, Senior Vice President, Fortum Corporation                          
Mikael Lilius, President and CEO, Fortum Corporation                            
Juha Laaksonen, CFO, Fortum Corporation                                         
Kari Kautinen, Vice President, Fortum Corporation                               
Risto Riekko, Senior Advisor, Fortum Corporation                                
Irja Vekkilä, Vice President, Fortum Corporation                                
Aleksandr Chikunov, Member of the Management Board, Managing Director, BU-1, RAO
UESR                                                                            
Grigory Dudarev, Managing Director, Avanko Oy                                   
Andrey Shishkin, General Director, JSC TGC-10                                   
Petr Erohin, Member of the Management Board, General Director of the Urals      
Branch of JSC "System Operator"		                                               
Aleksandr Shohin, President of All-Russian public organization “Russian         
Association of Industrials and Entrepreneurs”                                   

ZAO "KPMG" was elected as auditor.                                              

The annual report of JSC “TGC-10” is available on the Company's website in      
Russian and English: www.tgc10.ru. Further details on the decisions of the      
Annual General Meeting of shareholders of JSC “TGC-10” will be disclosed by the 
Company after the preparation of the minutes of the meeting as stipulated by    
Russian legislation.                                                            


Fortum Corporation                                                              
Maria Romantschuk                                                               
Senior Vice President, Corporate Communications

Distribution:                                                                   
OMX Nordic Exchange Helsinki                                                    
Key media                                                                       
www.fortum.com