The shareholders of Orgachim AD-Ruse will gather on their general meeting 7 June 2007 to vote a proposal to allocate the company’s 8.095 mln profit for last year in the Reserves fund, BSE announced.

Shareholders are also expected to vote changes in the framework agreement dated 28 February 2003 between Orgachim AD and POLICOLOR BUCURESTI SA and to empower the Management Board and CEO under Art. 114, Par. 1 of Law on Public Offerings and Securities.

The main shareholder of Orgachim is Whitebeam Holdings Limited, controlled by Policolor, which holds 64.21% of the capital of the Ruse-based company.

The last date for transacting shares of this company on the BSE-Sofia, as a result of which the holder will be entitled to exercise their voting right at the GMS, is 21 May 2007.

In case there is not enough attendance on the shareholder’s part, the meeting will be held on 22 June 2007, 11:00 AM, same place, same agenda.

Orgachim’s stock closed yesterday’s trade at 189.02 leva/share.