JANAF Plc. Supervisory Board Meeting

01.06.2010. 10:57

Zagreb – The meeting of the Supervisory Board of JADRANSKI NAFTOVOD, dioničko društvo (Joint Stock Company), was held today, 1 June 2010.

At today’s meeting, the Supervisory Board adopted the previously announced Company’s business performance report for the period from 1 January till 31 March 2010 and gave its consent to the Management Board decision to convene the General Meeting of the Company, to be held on 19 July 2010.

For the General Meeting, the Agenda shall be proposed as follows:

Opening of the General Meeting and determining the number of present shareholders, in person or by proxy, as well as establishing the quorum;

Report of the Management Board on Company’s business performance in the year 2009;

Report of the Supervisory Board on performed supervision over Company’s business operations management in the year 2009;

Adoption of the decision on using the remaining profit for the year 2009;

Adoption of the decision on granting the relief of duty (approval) to the members of the Management Board for business operations management in the year 2009;

Adoption of the decision on granting the relief of duty (approval) to the members of the Supervisory Board for performing supervision over Company’s business operations management for the year 2009;

Adoption of the decision on appointment of the auditor of the Company for the year 2010.

If during the General Meeting a quorum, defined by the Company’s Articles of Association is not reached, the next General Meeting shall be held on 27 July 2010, beginning at 12.00 hours (local time) at the same venue and with the same agenda. The invitation to the General Shareholders’ Meeting shall be announced in daily newspaper Vjesnik, the official gazette Narodne novine and on the Company’s official web site on 9 June 2010.