Today, on November 20, 2009, the issue on election of the Supervisory Council that was included in the previously announced agenda was not reviewed at the extraordinary shareholders' meeting of joint stock company Ventspils nafta, by adopting a resolution to postpone reviewing of it until the next shareholders' meeting of JSC Ventspils nafta. Also the second issue on the agenda of the extraordinary shareholders' meeting of JSC Ventspils nafta - on election of audit committee - was postponed to the next shareholders' meeting. 89.42% of share capital of JSC Ventspils nafta was represented today in the company's shareholders' meeting. JSC Ventspils nafta is the central holding company in a transit-oriented Group whose task is to manage the investments in subsidiaries by promoting the Group's joint values and growth in the value of each subsidiary individually. JSC Ventspils nafta Group is working in the following areas: transshipment of crude oil and petroleum products; transport of crude oil and petroleum products by pipelines; a shipping business. JSC Ventspils nafta For further information - Gundega Vārpa, Public Relations and Advertising Manager, tel.: +371 67229182; e-mail: gundega.varpa@vnafta.lv www.vnafta.lv
Reviewing of the issue on election of the Supervisory Council for JSC Ventspils nafta postponed
| Source: Ventspils nafta