Vladimir Egger has been re-elected as the Chairman of the Supervisory Council of the public joint stock company Ventspils nafta, Mikhail Dvorak has been elected as deputy chairman of the Supervisory Council. As informed, on July 7, 2010, during the extraordinary shareholders' meeting of JSC Ventspils nafta the Supervisory Council for JSC Ventspils nafta was elected consisting of 11 persons for a period of the next three years. Representatives nominated by the company's major shareholders - international corporation Vitol Group's subsidiary Euromin Holdings (Cyprus) Limited, JSC Latvijas Naftas Tranzīts and shareholders group consisting of Global Oil Services Limited, Avenue Emerging Markets Fund Ltd, Del Piero Financial Corp., SIA Reval Investments - are elected in the Supervisory Council. The following persons are elected to the Supervisory Council to JSC Ventspils nafta: Javed Ahmed, Mikhail Dvorak, Vladimir Egger, Rubil Yilmaz, Mark Ware, Christophe Theophanis Matsacos, Olegs Stepanovs, Edgars Jansons, Rudolf Meroni, Michael Hason, David Alexander Schlaff. 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 individual subsidiary. 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; shipping. Ventspils nafta Zane Bojāre JSC „Ventspils nafta” PR Manager E-mail: zane.bojare@vnafta.lv Phone.: 67821691; 29706733