VNV Global — AGM Information 2007

Aug 29, 2007

News Release August 29, 2007

Extraordinary General Meeting in Vostok Nafta Investment Ltd.

An Extraordinary General Meeting of shareholders in Vostok Nafta Investment Ltd. was held on Wednesday August 29, 2007 at 3:00 p.m. at Grand Hotel, Södra Blasieholmshamnen 8 in Stockholm, Sweden.

At the meeting, the following resolutions were approved:

• Resolution on approval of incentive scheme in accordance with the board's proposal
• Resolution on approval of transfer of call options at market value in connection with investments in portfolio companies in accordance with the board's proposal with the following adjustment proposed by Lorito Holding Limited: Sub-section 4 of the board's proposal shall have the following wording: The number of options shall not exceed ten percent of the underlying shares in a portfolio company corresponding owned by any group company.

Further information about the proposals is available at the Company's website www.vostoknafta.com.

For further information please contact: Robert Eriksson, Head of Investor Relations, Tel +46 701 11 26 15