The Board meeting is in progress at Gazprom’s Headquarters.
The Board resolved to submit a draft corporate annual report over 2004 for the Shareholders’ Meeting approval.
The Board approved proposals on the Board and Audit Commission Members’ remuneration.
The Board advised the Shareholders’ Meeting to endorse profit allocation based on the financial year highlights.
The Shareholders’ Meeting was also advised to ratify the proposal to pay out RUR 1.19 per share in annual dividends over 2004.
The Board also reviewed other matters relative to the preparations for the Shareholders’ Meeting.