First meeting of Board of Directors of Uranium Mining Company

15.12.2006 // Interfax

There are three issues on the agenda of the first meeting of the Board of Directors of Uranium Mining Company: election of the Chairman of the Board of Directors, approval of the plan of action for 2007 and the organizational structure of the company

The first meeting of the Board of Directors of the Uranium Mining Company OJSC, set up on a parity basis by TVEL and Tekhsnabeksport companies, will take place in Moscow on Friday, reports a source close to the Company.

The Company was registered a few days ago. There are three issues on the agenda of the first meeting of the Board of Directors of Uranium Mining Company: election of the Chairman of the Board of Directors, approval of the plan of action for 2007 and the organizational structure of the Company.

In early Nov TVEL and Tekhsnabeksport signed constitutive documents for founding the Uranium Mining Company. This company is supposed to comprise the TVEL uranium mining plants and Tekhsnabeskport’s shareholdings in uranium mining enterprises abroad.