The Board of Directors of Uralmashzavod JSC, a machine-building plant, decided to hold the general meeting on June 24, 2006. The points on the agenda include confirmation of the annual report, the accounting report, including the P & L statement, and profit and loss distribution for 2005. The shareholders will also have to elect the company’s Auditor, the Board Members, and the inspection committee, as well as approve of the amendments to the company’s Charter.

The list of attendees was complied according to the state of events as of May 5, 2006.

The Board also stated that given the decision of June 25, 2005 about passing the preference share dividend, the Russian legislation provides for the right of preference share owners to vote on all points of the agenda in 2006.