On 10th July 2009 the ALROSA Supervisory Board by absentee voting resolved as follows:

• RF Vice Premier — Finance Minister Alexey Kudrin was elected Chairman of the ALROSA Supervisory Board.
• ALROSA President Sergey Vybornov was relieved of his mandate, effective from 13 July 2009.
• Fyodor Andreev was appointed President of ALROSA Co. Ltd., effective from 15 July 2009.

FOR YOUR REFERENCE:

Fyodor Borisovich Andreev was born in 1966 in Voronezh.

In 1989 Mr. Andreev graduated from Leningrad State University with a major in Political Economy.

Previous positions:

1989 — 1991: Economist and Senior Economist, Financing and Credit Department at the Tver Commercial Bank, Tver.

1991 — 1992: Senior Specialist and Head of Marketing and Development, Tver Commercial Trade and Industrial Association TverKommertsia Ltd, Tver.

1992 — 1996: Economist and Senior Economist, Securities Department; Head, Liabilities Management Department; Director, St. Petersburg branch of Tver Universal Bank, St. Petersburg.

1997 — 1999: Deputy Chairman of the Board, commercial bank BaltOnExim Bank, St. Petersburg.

1999 — 2001: Chairman of the Board, commercial bank BaltOnExim Bank, St. Petersburg.

2002 — 2003: First Vice-President, Economics and Finance, ALROSA, Moscow.

2003: Vice-President, Russian Railways.

2005: Senior Vice-President, Russian Railways.