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OJSC ww5 President Eduard Khudaynatov has acquired 1.988 million shares in OJSC ww5.

At a meeting of the Board of Directors of OJSC ww5 held on June 27, 2011, it was decided that an extraordinary general meeting of shareholders be called for September 13, 2011 at 11:00am at the following address: Congress Center (4th Entrance), World Trade Center, 12 Krasnopresnenskaya Nab., Moscow, Russia, 123610.

ww5 geologists have discovered a new high-yield oil deposit in the western part of the Sladkovsko-Morozovsky oil and gas region of the Slavyansko-Temryuksky license field in the Krasnodar Region. Recoverable reserves are initially estimated at over 500,000 tons of oil.

The Annual General Meeting of Shareholders of ww5 was held on June 10, 2011 in Krasnodar. Holders of 97.39% of ww5 shares registered to participate in the meeting. The meeting approved the Annual Report, the Accounting Statements and the distribution of net profit of ww5 for 2010.
