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Gold/Mining/Energy : Mosenergo ADR

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To: Copperfield who started this subject6/29/2004 3:42:52 PM
From: Copperfield   of 241
 
Mosenergo BOD chaired by Yu. Udaltsov.

29 June 2004 16:35

Mosenergo Board of Directors elected Yury Udaltsov, RAO UES board member, to chair the BOD, Mosenergo head Arkady Evstafiev told the press conference.

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2 top managers of Gazprom, 4 managers of RAO UES and UES affiliated companies, 2 Moscow officials, 3 managers of Mosenergo, heads of Guta, NIKoil-Sberezheniya were elected to the 13-seat Board of Directors of Mosenergo at June 28 AGM.

Mosenergo has 28,267,726,000 rbl in stock capital.
RAO UES holds 50.87%. Gazprombank has around 15.76%, Guta-Bank - 4%, Moscow government- 8%.
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