Meetings of the Board of Directors of JSC “Russian Railways”

In 2012, seven meetings were held in person and 16 meetings in absentia, where 149 decisions on the most important issues of the Company’s activities were adopted.

Meetings of the Board of Directors are held in accordance with its Operation Plan developed on the basis of proposals of the Chairman of the Board of Directors, members of the Board of Directors, the President, members of the Executive Board, the Audit Committee and the Company’s auditor. The Operation Plan is drawn up for a six-month period and approved by the Board of Directors. If necessary, extraordinary meetings of the Board of Directors may also be convened.

Issues discussed at the meetings of the Board of Directors of JSC “Russian Railways”

Minutes No. 1 dated 2 February 2012

1. Approval of the work schedule of the board of directors of JSC “RZD” for the first half of 2012.
2. Determination of the position of JSC “RZD” (representatives of JSC “RZD”) in respect of the agenda of the extraordinary general meeting of shareholders of JSC “RZD”.
3. Approval of secondary employment of the executive board member of JSC “RZD” Babayev S.M. in the management body of JSC “PGK”.
4. Approval of amendments to the Regulation on placing orders for purchasing goods, carrying out works or providing services for the core activities of JSC “RZD” approved on 29 November 2011.
5. Dismissal and appointment of members of the executive board of JSC “RZD”.

Minutes No. 2 dated 7 February 2012

1. Principles of participation of the board of directors of JSC “RZD” in the management of subsidiaries and affiliates and control over their activities.
2. Concept of management of non-core assets of JSC “RZD”, its subsidiaries and affiliates (in respect of social infrastructure facilities and housing stock of JSC “RZD”).
3. Concept of the integrated development of the container business in JSC Holding Company.
4. Preliminary results of redistribution of management functions from territory subsidiaries of JSC “RZD” and railway departments to central directorates of JSC “RZD”.
5. Determination of the initial (maximum) price of the contract for compulsory audit of financial (accounting) statements of JSC “RZD” for 2012.
6. Results of purchasing activities of JSC “RZD” for 4Q 2011.
7. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of CJSC “Company TransTeleCom” in respect of the agenda item “Participation of CJSC “Company TransTeleCom” in the share capital of CJSC “Electro-com”.

Minutes No. 3 dated 15 February 2012

1. Approval of the surety agreement between JSC “RZD” and the Russian Federation represented by the RF Ministry of Finance entered into to secure obligations of JSC “VSM” under settlement agreement for case No. А56-40703/2003 concluded with the RF Ministry of Finance providing restructuring of part of overdue liabilities of JSC “VSM” under promissory note No.242-1-4-28dated 21 October 1997.
2. Approval of the surety agreement between JSC “RZD” and the Russian Federation represented by the RF Ministry of Finance entered into to secure obligations of JSC “VSM” under settlement agreement for case No. А56-13962/2006 concluded with the RF Ministry of Finance providing restructuring of part of overdue liabilities of JSC “VSM” under promissory note No.242-1-4-28dated 21 October 1997.
3. Approval of the decision to issue additional ordinary registered uncertificated shares of JSC “RZD”.
4. Approval of terms and conditions of additional agreement No. 1 to loan agreement No. 1226 dated 9 November 2010 between JSC “RZD” and JV RasonKonTrans.
5. Liquidation of the subsidiary of JSC “RZD”, whose property was used to establish a scientific and technical company in the field of transportation.
6. Approval of the advertising services agreement with CJSC “Locomotive Football Club” as a related party transaction.

Minutes No. 4 dated 27 February 2012

Awarding the President of JSC “RZD” and assessment of his performance according to the results of 4Q 2011.

Minutes No. 5 dated 12 March 2012

1. Approval of the Regulation on Insider Information.
2. Approval of transactions for repair of passenger cars between JSC “RZD” and JSC “FPC” as related party transactions.
3. Approval of the concept of the High-Speed Railway-1 project and priority measures for its implementation.
4. On measures taken in 2011 to implement the strategy of CJSC “Company TransTeleCom” for 2011 and schedule for 2012.
5. RZD’s placement of issues of non-convertible interest-bearing documentary bearer bonds of 27, 28, 29, 30, 31 and 32 series and approval of equity documents.
6. Awarding of the President of JSC “RZD” according to the results of the transaction of JSC “PGK”.

Minutes No. 6 dated 19 April 2012

1. Approval of the report on the implementation of the Innovative Development Program of JSC “Russian Railways” for the period up to 2015.
2. Approval of the rules for keeping the registry of holders of registered securities (shares) of JSC “RZD”.
3. Establishment of the representative office of JSC “RZD” in the Republic of France.
4. Amendments to the Regulation on placing orders for purchasing goods, carrying out works or providing services for the core activities of JSC “RZD” approved by the board of directors of JSC “RZD” on 29 November 2011.
5. Withdrawal of JSC “RZD” from JSC “Abdulin PRMZ “Remputmash”, JSC “Vereshchagin PRMZ “Remputmash”, JSC “Orenburg PRMZ “Remputmash”, JSC “Perm MPZ “Remputmash”, JSC Sverdlovsk PRMZ “Remputmash”, and JSC “Yaroslavl VRZ “Remputmash” (directives of the Government of the Russian Federation No. 1314p-P13 dated 27 March 2012).
6. Withdrawal of JSC “RZD” from JSC “Vologda VRZ “Remputmash” (directives of the Government of the Russian Federation No. 1335p-P13 dated 27 March 2012).
7. Withdrawal of JSC “RZD” from JSC “KrEVRZ” (directives of the Government of the Russian Federation No. 1335p-P13 dated 27 March 2012).

Minutes No. 7 dated 28 April 2012

1. Development of proposals on the procedure of use of voluntary environment responsibility mechanisms and mandatory publication of non-financial reports on the Company’s sustainability (directives of the Government of the Russian Federation No. 1710p-P13 dated 30 march 2012).
2. Results of purchasing activities of JSC “RZD” for 1Q 2012.
3. Awarding the President of JSC “RZD” and assessment of his performance according to the results of 1Q 2012.

Minutes No. 8 dated 15 May 2012

1. Opinion of the auditor of JSC “RZD” on the results of the audit of financial and economic activities of JSC “RZD” in 2011.
2. Preliminary approval of the annual report of JSC “RZD” for 2011.
3. Preliminary approval of the annual accounting reporting of JSC “RZD” for 2011, including the profit and loss statement.
4. Awarding of members of the board of Directors of JSC “RZD”.
5. Recommendations to the general meeting of shareholders in respect of approval of the auditor of JSC “RZD” for 2012.
6. Approval of the fees payable to the auditor of JSC “RZD” for services provided in 2012.
7. Progress in the development and implementation of the effective car fleet management technology in the context of multiple operators of rolling stock and the lack of the inventory rolling stock.
8. Program of renovation of track equipment of the track facility in 2012-2016.
9. Miscellaneous.
10. Recommendations on the amount of dividends and the procedure for dividend payment for the annual meeting of shareholder of JSC “RZD” according to the results of the company’s performance in 2011; distribution of net profit of JSC “RZD” according to results of 2011 (with account of directives of the Government of the Russian Federation No. 2204p-P13 dated 15 May 2012).

Minutes No. 9 dated 29 May 2012

1. Approval of the Regulation on the Protection of Confidential Information Constituting a Trade Secret during the meeting of the board of directors of JSC “Russian Railways” and its committees and commissions.
2. Liquidation of the Moscow Electromechanical Plant — a subsidiary of JSC “RZD”.
3. Dismissal of a member of the executive board of JSC “RZD”.
4. Annual bonuses to members of the executive board of JSC “RZD”, generalized qualitative assessment of performance of the executive board and JSC “RZD” as a whole for 2011, approval of the individual generalized coefficient of performance of the President of JSC “RZD” for 2011.

Minutes No. 10 dated 6 June 2012

1. Approval of secondary employment of the executive board members of JSC “RZD” in the management bodies of other organizations.
2. Determination of the position of JSC “RZD” (representatives of JSC “RZD”) in respect of agenda items of general meetings of shareholders and the boards of directors of companies included in the list of subsidiaries and affiliates approved by the board of directors of JSC “RZD”, in respect of which the board of directors of JSC “RZD” adopts decisions according to the first paragraph of clause 71.23 of the Articles of association of JSC “RZD”.
3. Appointment of representative of JSC “RZD” for the participation in general meetings of shareholders of subsidiaries and affiliates.

Minutes No. 11 dated 27 June 2012

1. Application of direct long-term contracts for supply of steel products with the price formula accounting for the guidelines approved by Order of the RF Trade Ministry No. 1243 dated 20 December 2010 (with account of directives of the RF Government No. 751p-P13 dated 22 February 2012).
2. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of CJSC “Company TransTeleCom” in respect of the agenda item “Approval of the report on the utilization of the budget of CJSC ‘Company TransTeleCom’ for 2011”.
3. On measures taken in 2011 to implement the strategy of CJSC “Company TransTeleCom” for 2011 and schedule for 2012.
4. Withdrawal of JSC “RZD” from CJSC “South-East Transtelecom”, CJSC “Sakhalin TransTeleCom”, CJSC “North-TransTeleCom”, CJSC “TRANSVOK”, CJSC “SibTransTeleCom”, CJSC “Baikal-TransTeleCom”, CJSC “CENTRALTRANSTELECOM”, CJSC “Kaliningrad-TransTeleCom”, CJSC “Ural-TransTeleCom”, CJSC “South-Ural-TransTeleCom”, CJSC “Caucasus-TransTeleCom”, CJSC “Volga-TransTeleCom”, CJSC “Samara-TransTeleCom”, CJSC TransTeleCom-Chita“, CJSC “Saint Petersburg TELEPPORT”, CJSC “TransTeleCom-DV”, CJSC “TransTeleCom-NN” and CJSC “West-SibTransTeleCom” (directives of the Government of the Russian Federation No. 2547p-P13 dated 1 June 2012).
5. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the discussion by management bodies of CJSC “Company “TransTeleCom” of an increase in share capital of CJSC “Company “TransTeleCom” by issue of additional shares.
6. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the discussion by management bodies of CJSC “Company “TransTeleCom” of the item "Purchase of shares in the share capital of other organizations by CJSC “Company “TransTeleCom”.
7. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “PGK” in respect of the agenda item “Approval of the report on the utilization of budget of JSC ‘PGK’ for 2011”.
8. Reduction of RZD’s share in JSC “Central SPC” (directives of the Government of the Russian Federation No. 2445p-P13 dated 29 May 2012).
9. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “VGK” in respect of the agenda item “Participation of JSC “VGK” in Limited Liability Company “Knorr-Bremze 1520”.
10. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FPC” in respect of the agenda item “Participation of JSC “FPC” in Open Joint Stock Company “FPC-Logistics”.
11. Reduction of RZD’s share in JSC “Zheldorremmash” (directives of the Government of the Russian Federation No. 3036p-P13 dated 26 June 2012).
12. Draft distribution of the company’s profit according to the results of 2011 (directives of the Government of the Russian Federation No. 2651p-P13 dated 6 June 2012).

Minutes No. 12 dated 27 June 2012

1. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “Zheldorremmash” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC ‘Zheldorremmash’ for 2011”.
2. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “RZDstroy” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC ‘RZDstroy’ for 2011”.
3. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “VGK” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC ‘VGK’ for 2011”.
4. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FPC” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC ‘FPC’ for 2011”.
5. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FPC” in respect of the agenda item “Adjustment of the budget of JSC ‘FPC’ for 2012”.
6. Approval of sublease agreements for land plots (their parts) between JSC “RZD” and JSC “FPC” as related party transactions.
7. Approval of the work schedule of the board of directors of JSC “RZD” for the second half of 2012.

Minutes No. 13 dated 30 June 2012

Reorganization of non-public health care institutions of JSC “RZD”.

Minutes No. 14 dated 14 September 2012

1. Election of the Chairman of the meeting of the board of directors of JSC “RZD”.
2. Participation of JSC “RZD” in GEFCO S.A. (France).
3. Minutes No. 15 dated 28 September 2012
4. Election of the Chairman of the meeting of the board of directors of JSC “RZD”.
5. Appropriateness of alienation by JSC “RZD” of core assets in sectors of economy with a sufficient level of competition, including in order to ensure the maximum possible participation of small and medium-sized businesses.
6. Approval of the Environmental Responsibility Program of JSC “RZD”.
7. Results of purchasing activities of JSC “RZD” for 1H 2012.
8. Approval of a sale and purchase agreement between JSC “RZD” and JSC “FPC” as related party transaction.
9. Approval of the transfer in lease of part of immovable property of JSC “Russian Railways” to Blagosostoyanie Non-Governmental Pension Fund as a related party transaction.
10. Awarding the President of JSC “RZD” and assessment of his performance according to the results of 2Q 2012.
11. Approval of secondary employment of the executive board members of JSC “RZD” in the management bodies of other organizations.

Minutes No. 15 dated 28 September 2012

1. Election of the Chairman of the meeting of the board of directors of JSC “RZD”.
2. Appropriateness of alienation by JSC “RZD” of core assets in sectors of economy with a sufficient level of competition, including in order to ensure the maximum possible participation of small and medium-sized businesses.
3. Approval of the Environmental Responsibility Program of JSC “RZD”.
4. Results of purchasing activities of JSC “RZD” for 1H 2012.
5. Approval of a sale and purchase agreement between JSC “RZD” and JSC “FPC” as related party transaction.
6. Approval of the transfer in lease of part of immovable property of JSC “Russian Railways” to Blagosostoyanie Non-Governmental Pension Fund as a related party transaction.
7. Awarding the President of JSC “RZD” and assessment of his performance according to the results of 2Q 2012.
8. Approval of secondary employment of the executive board members of JSC “RZD” in the management bodies of other organizations.

Minutes No. 16 dated 15 October 2012

1. Election of the Chairman of the meeting of the board of directors of JSC “RZD”.
2. Approval of a property exchange agreement between JSC “RZD” and JSC “FPC” as related party transaction.
3. Dismissal of members of the executive board of JSC “RZD”.
4. Appointment of vice-presidents of JSC “Russian Railways”

Minutes No. 17 dated 29 October 2012

1. Election of the Chairman of the meeting of the board of directors of JSC “RZD”.
2. Election of the chairmen of committees of the board of directors of JSC “RZD”.
3. Implementation of structural reform and the Target Freight Railway Transportation Model for the period until 2015 by JSC “RZD” in 2012.
4. Adjustment of the investment program and financial plan of JSC “RZD” for 2012 according to the performance in 1H 2012.
5. Draft consolidated financial plans of JSC “RZD” and its key subsidiaries and affiliates and draft investment program of JSC “RZD” for 2013 and the planning period of 2014 and 2015.
6. Approval of the list of subsidiaries and affiliates approved by the board of directors of JSC “RZD”, in respect of which the board of directors of JSC “RZD” adopts decisions according to clause 71.23 of the Articles of association of JSC “RZD”.
7. Reduction of RZD’s share in JSC “Central SPC”.
8. Dismissal of a vice-president of JSC “Russian Railways”.

Minutes No. 18 dated 16 November 2012

1. Election of the chairmen of the board of directors of JSC “RZD”.
2. Approval of additional agreement No. 2 to loan agreement No. MTZ\09\038 dated 6 June 2009 between JSC “RZD” and JSC “UBR” as a related party transaction.
3. Approval of the premises sale and purchase transaction between JSC “RZD” and JSC “FPC” as related party transaction.
4. Approval of the transaction (several related transactions) between JSC “RZD” and JSC “FPC” related to the lease of immovable property items as a related party transaction.
5. Determination of the position of JSC “RZD” (representative of JSC “RZD”) in respect of the agenda item of the general meeting of shareholders of JSC “RZDstroy” “Changing of terms and conditions of a major transaction”.
6. Liquidation of the Federal Passenger Directorate — a subsidiary of JSC “RZD”, whose property was used to establish JSC “FPC”.
7. Awarding the President of JSC “RZD” and assessment of his performance according to the results of 3Q 2012.

Minutes No. 19 dated 28 October 2012

1. Withdrawal of RZD from JSC “PGK”.
2. Approval of sale of 75% minus 2 shares of JSC “Zheldorremmash”.
3. Approval of investment program and financial plan of JSC “RZD” for 2013 and the planning period of 2014 and 2015.
4. Approval of the Code of Conduct of JSC “RZD”.
5. Composition of the committee for strategic planning of the board of directors of JSC “RZD”.
6. Composition of the committee for audit, risks and remuneration of the board of directors of JSC “RZD”.
7. Appointment of the first vice-presidents of JSC “RZD”.
8. Appointment of a vice-president of JSC “RZD”.

Minutes No. 20 dated 13 December 2012

1. The cost of placing additional shares of JSC “RZD”.
2. Results of purchasing activities of JSC “RZD” for 9 months of 2012.
3. Establishment of a representative office of JSC “RZD” in the Republic of Belarus.
4. Approval of the agreement between JSC “RZD” and JSC “RZD-ZDOROVIE” for acquisition of holiday packages for employees of JSC “RZD”, their families and retired pensioners of JSC “RZD” as a related party transaction.
5. Determination of the position of JSC “RZD” in respect of the agenda item of the general meetings of shareholders of subsidiaries and affiliates of JSC “RZD” included in the list annually approved by the board of directors of JSC “RZD” — “Apptoval of the agenda of the general meeting of shareholders”.

Minutes No. 21 dated 21 December 2012

1. Approval of the decision to issue additional ordinary registered uncertificated shares of JSC “RZD”.
2. Adjustment of the investment program and financial plan of JSC “RZD” for 2012.
3. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FGK” in respect of the agenda item “Approval of the adjusted budget of JSC ‘FGK’ for 2012”.
4. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FGK” in respect of the agenda item “Approval of the budget of JSC ‘FGK’ for2013-15”.
5. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “RZDstroy” in respect of the agenda item “Approval of the adjusted budget of JSC ‘RZDstroy’ for 2012”.
6. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “RZDstroy” in respect of the agenda item “Approval of the budget of JSC ‘RZDstroy’ for2013-2015”.
7. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of CJSC “Company TransTeleCom” in respect of the agenda item “Approval of the budget of CJSC ‘Company TransTeleCom’ for2013-2015”.
8. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “Zheldorremmash” in respect of the agenda item “Approval of the budget of JSC ‘Zheldorremmash’ for2013-2015”.
9. Withdrawal of JSC “RZD” from JSC “Saransk VRZ”.
10. Approval of the work schedule of the board of directors of JSC “RZD” for the first half of 2013.

Minutes No. 22 dated 26 December 2012

1. The cost of placing additional shares of JSC “RZD”.
2. Approval of the total value of maintenance of Allegro trains for 2013 under the agreement for maintenance of Allegro trains No. 1588 dated 29 December 2011 between Oy Karelian Trains Ltd, JSC “RZD” and VRGroupLtd.
3. .Liquidation of the Lyublin Foundry Mechanical Plant — a subsidiary of JSC “RZD”.

Minutes No. 23 dated 29 December 2012

Change in RZD’s share in JSC “AK “ZHDY”.

Appendix 7.
List of issues discussed at the meetings of the Committee for Audit, Risks and Remuneration of the Board of Directors of JSC Russian Railways

Minutes No. 1 dated 3 February 2012

1. Determination of the initial (maximum) price of the contract for compulsory audit of financial (accounting) statements of JSC “RZD” for 2012.
2. Results of purchasing activities of JSC “RZD” for 4Q 2011.

Minutes No. 2 dated 6 March 2012

1. Awarding of the President of JSC “RZD” according to the results of the sale of 75% minus 2 shares of JSC “PGK”.
2. RZD’s placement of six issues of non-convertible interestbearing documentary bearer bonds of 27, 28, 29, 30, 31 and 32 series and approval of relevant documents.

Minutes No. 3 dated 03 May 2012

1. Opinion of the auditor of JSC “RZD” on the results of the audit of financial and economic activities of JSC “RZD” in 2011.
2. Preliminary approval of the annual report of JSC “RZD” for 2011.
3. Preliminary approval of the annual accounting reporting of JSC “RZD” for 2011 according to Russian standards, including the profit and loss statement.
4. Recommendations to the general meeting of shareholders in respect of approval of the auditor of JSC “RZD” for 2012.
5. Approval of the fees payable to the auditor of JSC “RZD” for services provided in 2012.
6. Recommendations on the maximum amount of dividends and the procedure for dividend payment for the annual meeting of shareholder of JSC “RZD” according to the results of the company’s performance in 2011; distribution of net profit of JSC “RZD” according to results of 2011.
7. Awarding of members of the board of Directors of JSC “RZD”.

Minutes No. 4 dated 8 June 2012

1. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “Zheldorremmash” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC “Zheldorremmash” for 2011”.
2. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “RZDstroy” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC “RZDstroy” for 2011”.
3. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “VGK” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC “VGK” for 2011”.
4. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FPC” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC “FPC” for 2011”.

Minutes No. 5 dated 15 June 2012

1. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FPC” in respect of the agenda item “Approval of the report on the utilization of the budget of JSC “FPC” for 2011”.
2. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FPC” in respect of the agenda item “Adjustment of the budget of JSC “FPC” for 2012”.
3. Withdrawal of RZD from JSC “PGK”.
4. Withdrawal of JSC “RZD” from CJSC “South-East Transtelecom”, CJSC “Sakhalin TransTeleCom”, CJSC “North-TransTeleCom”, CJSC “TRANSVOK”, CJSC “SibTransTeleCom”, CJSC “Baikal-TransTeleCom”, CJSC “CENTRALTRANSTELECOM”, CJSC “Kaliningrad-TransTeleCom”, CJSC “Ural-TransTeleCom”, CJSC “South-Ural-TransTeleCom”, CJSC “Caucasus-TransTeleCom”, CJSC “Volga-TransTeleCom”, CJSC “Samara-TransTeleCom”, CJSC TransTeleCom-Chita”, CJSC “Saint Petersburg TELEPPORT», CJSC “TransTeleCom-DV”, CJSC “TransTeleCom-NN” and CJSC “West-SibTransTeleCom”.
5. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the discussion by management bodies of CJSC “Company “TransTeleCom” of an increase in share capital of CJSC “Company “TransTeleCom” by issue of additional shares.
6. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the discussion by management bodies of CJSC “Company “TransTeleCom” of the item “Purchase of shares in the share capital of other organizations by CJSC “Company “TransTeleCom”.
7. Reduction of RZD’s share in JSC “Central SPC”.
8. Determination of the position of JSc “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of CJSC “Company TransTeleCom” in respect of the agenda item “Approval of the report on the utilization of the budget of CJSC “Company TransTeleCom” for 2011”.
9. Determination of the position of JSc “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “PGK” in respect of the agenda item “Approval of the report on the utilization of budget of JSC “PGK” for 2011”.

Minutes No. 6 dated 30 July 2012

Consideration of the draft shareholders’ agreement in respect of JSC “Zheldorremmash”.

Minutes No. 7 dated 22 October 2012

Consideration of the draft for repair and upgrading of rolling stock between JSC “RZD” and JSC “Zheldorremmash”.

Minutes No. 8 dated 14 December 2012

1. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “Zheldorremmash” in respect of the agenda item “Approval of the budget of JSC “Zheldorremmash” for 2013-2015”.
2. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FGK” in respect of the agenda item “Approval of the adjusted budget of JSC “FGK” for 2012”.
3. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “FGK” in respect of the agenda item “Approval of the budget of JSC “FGK” for 2013-15”.
4. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “RZDstroy” in respect of the agenda item “Adjustment of the budget of JSC “RZDstroy” for 2012”.
5. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of JSC “RZDstroy” in respect of the agenda item “Approval of the budget of JSC “RZDstroy” for 2013–2015”.
6. Determination of the position of JSC “RZD” (representatives of JS “RZD”) at the meeting of the board of directors of CJSC “Company TransTeleCom” in respect of the agenda item “Approval of the budget of CJSC “Company TransTeleCom” for 2013–2015”.
7. Withdrawal of JSC “RZD” from JSC “Saransk VRZ”.