Annual meeting of Chelyabinsk forge-and-press works shareholders to take place on May 25, 2006

The Board of Directors of Svechel JSC has scheduled the annual shareholder meeting for April 25, 2006. The points on the agenda include approving of the company’s financial activity in 2005, distribution of profits and some amendments to the company’s Charter. The shareholders will also have to elect the company’s General Director, the Board of Directors, the members of the inspection committee, and the company’s auditor.

Chelyabinskoblgas JSC is going to hold the annual meeting of shareholders on April 26, 2006. The points on the agenda include confirmation of the company’s financial activity in 2005, P & L distribution as well as allotment of dividends. The shareholders will also have to elect the Board members and the inspection committee as well as the Auditor.

The Board of Directors of ChelyabEnergoSbyt JSC scheduled the annual meeting for June 28, 2006. The points on the agenda include approving of the company’s annual report, agreeing on the P& L distribution and the payment of dividends for 2005. The shareholders will also elect the Board of Directors, the inspection committee, and the company’s Auditor and decide on the amendments to the company’s Charter.

Mechanical works of Chelyabinsk will hold the annual stockholder meeting on May 25, 2006. The points on the agenda include confirmation of the annual report, P & L distribution, the dividend issue. The shareholders will also have to elect the Board of Directors, the cast of the inspection committee, and the company’s Auditor.

Chelyabinskiy Truboprokatniy Zavod JSC, tube-rolling plant of Chelyabinsk, held the annual stockholder meeting on April 20, 2006, the company’s spokesperson said to UrBC representative. Ilya Cherepanov, member of the company’s Board, presented the annual report concerning the financial and managing activity of the plant in 2005. The company made 20.240bn RUR in sales profits, the net profit came to 644,867,000 RUR, according to Russian accounting standards. The meeting approved of the annual report as well as the accounting report, the P & L statement, and profit distribution. The