Stock exchange release
30 May 2008 at 8.40 EET
Decisions by the Annual General Meeting of Fortum subsidiary TGC-10's Annual
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
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
Senior Vice President, Corporate Communications
OMX Nordic Exchange Helsinki