General meeting of shareholders took place at Zaliv

At April 15, 2013 the general meeting of shareholders of JSC Shipyard Zaliv took place. Shareholders listened to and approved the report of the General Director of the Society about the results of financial and economic activities in 2012, the report and conclusions of Revision committee and the report of Supervisory Board.
Also the financial results of Society were examined and approved, as well as annual reports.
The shareholders meeting decided to set the profit for the reported period to covering the losses of previous years and do not create the fund of dividends payment and, thus, do not accrue the dividends for the period of 2012.
Shareholders meeting approved the appointment of Larin Alexander to the post of General Director JSC Shipyard Zaliv who acted for general director starting from September 2012.