Resolutions of Annual General Meeting in Selena Oil & Gas Holding AB

At the Annual General Meeting (AGM) of Selena Oil & Gas Holding AB (publ) the
28 of June 2012, was resolved to adopt the income statement and balance sheet
and the consolidated income statement and the consolidated balance sheet for
financial year 2011. The meeting resolved on adoption of dispositions of the
Company’s result as shown in the balance sheet.


The meeting resolved to discharge the members of the Board of Directors, and
the Managing Director of liability for financial year 2011.

The Director’s fee was set at SEK 125,000 per year for the members of the Board
of Directors and SEK 150,000 per year for the Chairman of the Board of
Directors.

The board members Indrek Rahumaa, Staffan Torstensson, Vyacheslav Pershukov,
Paul Waern were re-elected. Two new board members were elected, Nadezhda Popova
and Yury Gusev. Karl Bleschert was not re-elected.

The Auditing firm Öhrlings PricewaterhouseCoopers AB was re-elected as auditor,
with Martin Johansson as responsible auditor, until end of the annual general
meeting 2013.

 

The AGM voted against the proposal to authorize the Board of Directors to
resolve on a new share issue.

 

For further information, please contact:

Indrek Rahumaa, Chairman of the Board,

phone +372 509 2080 or +7 (916) 180 31 62,

e-mail: indrek.rahumaa@selenaoil.com

 

Selena Oil & Gas Holding AB (publ) (former Emitor Holding AB) is engaged in the
production and transportation of oil and gas in the Volga-Ural region in the
Russian Federation, including Perm and Udmurtia. The company is listed on
NASDAQ OMX First North Premier in Stockholm under the ticker SOGH. Mangold
Fondkommission is the company´s Certified Adviser and liquidity provider,
telephone +46 8-503 015 50.