Annual general meeting of Bashneft’s shareholders will take place on June 29

On June 29 annual general meeting of shareholders of JSC ANK "Bashneft" in the form of joint presence will take place in the Ufa recreation centre "Neftyanuk". Shareholders are to confirm the annual report, the accounting financial reporting, and also to consider issues on the company profit and losses distribution for the last year and other things.

We should remind that the Board of Directors made a decision to recommend to the annual general meeting of shareholders to confirm payment of dividends by results of 2011 in the amount of 99 roubles per one registered ordinary share and per one registered preference share of JSC ANK "Bashneft" and to make payment not later than August 28, 2012.

Also it is recommended to meeting of shareholders to confirm LLC "Finexpertisa" as the auditor of JSC ANK "Bashneft" for auditing under the Russian Accounting Standards for 2012, and Joint-Stock Company «Deloitte and Touche CIS» for auditing under the International Financial Reporting Standards for 2012, the company press-service reports.