SIBUR shareholders to elect board of directors today

SIBUR shareholders will hold their annual meeting today. The agenda of the meeting includes the elections of the board of directors of the company, members of the audit commission and the adoption of the 2001 financial report. The current board of directors of the oil company recommended shareholders to approve nine candidacies to the new board. Among them are SIBUR vice president Boris Vaninsky, deputy chairman of Gazprombank Yevgeny Dubrovin, Andrey Kruglov, head of the corporate financing department of Gazprom, SIBUR President Dmitry Mazepin and others. PricewaterhouseCoopers is recommended to be an auditor of the Russian oil company.

SIBUR's main shareholders are Gazprom (a 50.66 percent block of shares), SIBUR-Tyumen (15.85 percent) and others.

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