Investcom LLC
08 June 2006
INVESTCOM
* * *
MINUTES OF THE ANNUAL GENERAL MEETING OF
SHAREHOLDERS
June 5, 2006
Pursuant to notice duly given on May 12, 2006, the Annual General Meeting (the
'meeting') of the shareholders of Investcom LLC (the 'Company') was held at 8,
Rue de Berri, 75008, Paris, France, at 10.00am Central European Time, on Monday,
June 5, 2006.
The meeting was presided by Mr Taha Mikati, residing in Beirut, Lebanon.
The Chairman, having been appointed, the Chairman declared and stated that:
- the holders of 1,328,548,569 of the Company's shares entitled to
attend and vote at the meeting were present in person or by proxy;
- these shares represent approximately 92.56% of the Company's issued
shares (1,435,257,519 shares), and thus a quorum was present throughout the
meeting;
- Ms Niam Kawas is appointed as secretary of the meeting and requested
to take the minutes.
Resolutions
The following resolutions were passed at the Meeting:
1. Annual Report and Accounts
Resolution: to approve the Company's Annual Report and the Company's audited
consolidated financial statements for the year ended December 31, 2005.
The resolution was adopted.
2. Election of Directors
Resolution: to re-elect the Company's directors whose term is expiring in 2006
(Taha Mikati, Mohammad Najib Mikati, Azmi Mikati, Jean-Francois Pontal and Berge
Setrakian).
This resolution was adopted.
3. Reappointment of auditors and auditors' remuneration
Resolution: to reappoint Ernst & Young as auditors to the Company to hold office
until the conclusion of the next general meeting at which the Company's
consolidated financial statements are laid before its shareholders and to
authorize the directors to determine the auditors' remuneration.
This resolution was adopted.
This information is provided by RNS
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