The Board of directors of JSC Concern ‘Kalina” took the decision to recommend to the General Meeting of Shareholders the candidatures for electing to the Board of Directors.
The Board of Directors of JSC Concern “Kalina” took the decision to recommend to the General Meeting of Shareholders the candidatures for electing to the Board of Directors. In the voting paper for secret ballot for the election of the Board of Directors the following candidatures were recommended:
Geller Nikolai – Development Director, JSC Concern “Kalina”
Goryayev Timur- Chief Executive Officer, JSC Concern “Kalina”
Petrov Alexander – Director of Economics and Finance, JSC Concern “Kalina”
Johan Grietsen Hendrik Vreeman- Independent Director
Reinhold Schlensock – Independent Director
Kasper Heisteig- European Bank for Reconstruction and Development
Jan Dewijngaert- European Bank for Reconstruction and Development
The Board of Directors voted for this decision unanimously . The elections of the Board of Directors will be held by the shareholders on the Special Meeting on August,10th ,2004. The agenda includes the questions on payment of the medium dividends on the results of the first half of the year 2004 and on the staff of the Board of Directors. The meeting will elect 7 members of the Board of Directors.
About the company. JSC concern “Kalina “ is one of the leaders of the Russian perfumery and cosmetics producers. The leading brands of the company are “Black Pearl”, ”Clean Line” and “MIA” among the skin-care products, “32”, “Forest Balsam”- on the mouth-care market, ‘Angelica Varum” – among perfumes.
Concern “Kalina” consists of factories as follows, except factory in Ekaterinburg:
- Omsk factory of detergents
- Subsidiary "Pallada Ukraine" (Ukraine)
- Subsidiary factory "Novoplast"
- Kalina Overseas Holding B. V. (Netherlands)
Further information you may get from the press-secretary of the JSC concern ‘Kalina”- Kazantsev Sergey, tel./fax.(343) 365 83 06, e-mail: pressa@kalina.org.
Statements on development prospects of the company. Certain information of the present press-release may contain forecasts or any other statements on the development prospects or future financial indices of the JSC concern ‘Kalina”. You should bear in mind that these statements do not guarantee attaining the stated results
or occurrence of any forecast events of company’s performance. They include risks, uncertainty and assumptions which the company can not exactly forecast. Correspondingly, actual indices and results of company’s operation may considerably differ from the stated data or forecasts shown in the statements on the development prospects of the company. The company does not intend to make any changes in the indicated statements in order to bring them into accord with actual results.
Not for distribution in the USA.
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Present announcement is for distributing among persons who may receive it in the circumstances in which article 21(1) of the Law of financial service and markets 2000 does not apply to the company.
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