Moscow, 14 May, 2009 – JSC Pharmstandard (LSE: PHST LI, RTS: PHST RU) invites its shareholders/holders to its annual general meeting of shareholders (hereinafter: the “AGM”) at 11.00 am Moscow time on 30 June 2009. The record date for the AGM is 13 May 2009.

AGM will be held at the following address.
Pharmstandard conference room.
Likhachevskiy drive 5B, Dolgoprudniy, Moscow Region, Russia, 141700

There are following key items will be discussed at the AGM:

1. Adoption of the financial statements for the year 2008 and 2008 annual report; allocation of profit and loses of the company based on year 2008 financial results.
2. Dividends for the year 2008.
3. Election of the Board of Directors.
4. Election of Audit Committee.
5. Appoint independent audit company for the year 2009.
6. Approve new redaction for the statute of JSC “Pharmstandard”.
7. Approve regulations for the Board of Directors of JSC “Pharmstandard”.