Board of Directors of TGC-1 has set the date of the Annual General Meeting (AGM) of shareholders. It will take place June 27^th 2011 in St. Petersburg. To be eligible to exercise voting rights at the AGM shareholders must be included in Register of shareholders as at the end of May 12^th 2011.

Matters on the agenda of the AGM:

1.    Approval of the Company’s Annual Report and Financial Statements for the year 2010;

2.    Resolution on distribution of the Company’s profit for 2010;

3.    Election of the Company's Board of Directors;

4.    Election of the Company's Auditing Commission;

5.    Election of the Company’s Auditor;

6.    Approval of changes and addendums to the Statute of JSC “TGC-1”;

7.    Resolution of remuneration to members of the Board of Directors for the year 2010;

8.    Approval of transactions for which there is some interest and which can be carried out in future by Company within the scope of its ordinary business activities.