CHERKIZOVO GROUP ANNOUNCES RESULT OF ANNUAL GENERAL MEETING

July 30, 2010

Cherkizovo Group OJSC (LSE: CHE), one of Russia’s leading integrated and diversified meat producers, held its Annual General Meeting (AGM) today, at which all resolutions were approved by shareholders. 

At the AGM the shareholders of Cherkizovo Group approved Company’s financial and operational results for 2009. No dividend was declared for the 2009 financial year.
Additionally, the following documents were approved at the AGM:
- new edition of Cherkizovo Group’s Charter;
- new edition of Provision on AGM;
- new edition of Provision on Board of Directors;
- Provision on Management Board.
The Board of directors was  re-elected at the AGM, including Igor Babaev, Musheg Mamikonian, Evgeny Mikhailov, Sergei Mikhailov, Samuel B. Lipman, Marcus Rhodes, and Yury Dyachuk.