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The Board of Directors approved the following agenda for the meeting:
- Election of Chairman of the Partnership Council (the chairman of the meeting);
- Election of the Returning Board;
- Approval of Report of the Chairman of the Board and the President of Partnership, approval of the annual report and the accounting statement of the Partnership.
- Priority activities of the Partnership for the upcoming year;
- Approval of the President of the Partnership candidacy;
- Election of Board of Directors.
In accordance with the decision of the Board of Directors of the nonprofit partnership "RTS Stock Exchange" the Executive Council of the partnership will be accepting nominations for the Board.
The Board of Directors is formed for one year. It consists of 17 members and is elected by the annual partnership meeting by the rating vote.
In accordance with the Charter of the Partnership the candidacies will be nominated in three main categories:
1) First category – 9 members representing 15 leading companies-market participants with the largest trading volume on RTS Classic market. The 15 leading market participants will be selected based on trading volumes from July 1 st , 2004, to May 31 st , 2005.
If on July 20 th , 2005, the number of candidacies in the first category will be less than 15, the Executive Council will forward the "next in line" market participants offers of nomination. The deadline for nomination will be set on July 25 th , 2005.
The largest RTS Classic Market participants for the period of July 1 st , 2004, through May 31 st , 2005
| ? | Company |
| 1 | Troika Dialog |
| 2 | UFG |
| 3 | URALSIB |
| 4 | Renaissance Broker |
| 5 | Antanta-Capital |
| 6 | Brunswick UBS |
| 7 | METROPOL |
| 8 | East Capital |
| 9 | Bank Credit Swiss First Boston |
| 10 | Industrial-construction bank |
| 11 | CenterInvestSecurities |
| 12 | Metallinvestbank |
| 13 | Alfa-Bank |
| 14 | Megatrustoil |
| 15 | Reserve-invest |
| 16 | Prospect |
| 17 | ATON |
| 18 | TRUST |
| 19 | ZENIT Bank |
| 20 | Interfin Trade |
2) Second category – representatives of the regional companies – members of the Partnership (no more than 4).
In this category only one representative from each region can be selected.
Candidates can be selected from each region of Russia (except for the City of Moscow and Moscow Region) where at least 5 companies-members of the Partnership – work with the trading system (submit quotes). If the number of regions that meet these criteria is less than 4, the number of the Board members in the second categories will be equal to the number of those regions. The vacant places on the Board will be taken by representatives of the third category.
As of June 24 th , 2005, two regions of Russia – North - Western ( St . Petersburg ) and Siberian ( Novosibirsk ) meet the criteria .
3) ?hird category – private individuals.
In 2005 6 Board members can be selected in this category.
The same individual cannot be nominated to the Board in different categories. For nominations in the first and second categories only the employees of companies – members of the Partnership – can be nominated.
The proxy meeting of the Board of Directors of the nonprofit partnership "RTS Stock Exchange" that took place on July 4 th - July 6 th , 2005, has approved the candidacy of Oleg Safonov, the current President of the Partnership, to be reelected as the President for the next year. The candidacy of Oleg Safonov is subject to approval by the Annual partnership meeting.
