VNV Global — AGM Information 2009

May 14, 2009

News Release May 14, 2009

Annual General Meeting in Vostok Nafta Investment Ltd

An Annual General Meeting in Vostok Nafta Investment Ltd (the "Company") was held on May 14, 2009 at 9:00 am at "Bygget", at Norrlandsgatan 11 in Stockholm, Sweden.

At the meeting, the shareholders considered a number of items, some of which were the following.

• The profit and loss account and the balance sheet as well as the consolidated profit and loss account and the consolidated balance sheet showing total loss for the financial year January 1–December 31, 2008, in the amount of USD 279,836 thousand were adopted. The directors' proposal that no dividends be paid was approved.
• Eight directors were re-elected, namely Al Breach, Per Brilioth, Paul Leander-Engström, Torun Litzén, Ian H. Lundin, Lukas H. Lundin, William A. Rand and Robert J. Sali. Lukas H. Lundin was appointed Chairman of the Board.
• PricewaterhouseCoopers AB was re-elected as the Company's auditors.

For further information please contact:

Robert Eriksson, Head of Investor Relations, Tel +46 701 11 26 15