Board of Directors of Uralsky Zavod Asbestovykh Tekhnicheskikh Izdeliy JSC came up with the decision to hold stockholders meeting on May 25, 2006.

The agenda includes confirmation of the company’s annual report, accounting statements, including the company’s P & L account for 2005, and declaration of dividends. The meeting is to elect Board of Directors, inspection committee, and the auditor of association.

The meeting will also file amendments to the articles of the company, the Board of Directors provision, the General Director of Uralsky Zavod Asbestovykh Tekhnicheskikh Izdeliy JSC provision, the stockholders meeting provision and the inspection commission provision.

The list of people entitled to present in the meeting was compiled according to the roll of those eligible to take part as of April 20, 2006.