Board of directors of Transstroimost JSC (Kazakhstan) elects its new General Director and Chairman of the Board

/IRBIS, Valeriya Grishenko, March 24, 09/ - Transstroimost JSC (Almaty region, hereinafter - the company), securities of which are listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the copy of minutes of its Board of directors` meeting, dated March 17, 2009. According to the provided document, Board of directors of the company made the following decisions: - to call the extraordinary general shareholders` meeting on April 21, 2009 with the following agenda: "On prematurely termination of authorities of the current composition of Board of directors and election of the new staff of the Board"; - to relieve A. Kulibaev from office of Chairman of the Board and elect M. Bekmagambetov instead; - to elect A. Kulibaev as a General Director of Transstroimost JSC for 5- year-term. [2009-03-24]