Further re Notice of EGM
16/10/2001 10:08am
UK Regulatory
RNS Number:6622L
Kvaerner ASA
16 October 2001
Election of new Board to be put to Kvaerner Extraordinary General Meeting
LONDON, 16 OCTOBER 2001: The Board of Kvaerner ASA, the Anglo-Norwegian
engineering and construction Group, today announced that it has agreed to
place the election of a new Board of Directors on the agenda for its
Extraordinary General Meeting to be held on 2 November 2001.
The Board previously announced on 19 September 2001 that it had asked the
Nomination Committee, appointed by shareholders, to consider changes to the
Board and to present a proposal to an Extraordinary General Meeting.
Additionally, Yukos Oil, which recently acquired approximately 10 per cent of
the Kvaerner shares, today requested the Company to place the election of a
new Board on the agenda for the forthcoming EGM.
For further information: Paul Emberley, Vice President Group Communications,
Kvaerner PLC, Tel: +44 (0)20 7339 1035 or paul.emberley@kvaerner.com