Rostelecom rejects minority shareholders' call for extraordinary meeting.

MOSCOW, July 28 (Itar-Tass) -- The Board of Directors of Russia's
national telecom company Rostelecom rejected minority shareholders' call
for an extraordinary shareholders' meeting.
"Members of the Board of Directors came to the conclusion that there
are no grounds to believe that the demand and the attached documents were
properly executed and are fully consistent with legislation," the company'
s press service said.
It said the decision had been made on the basis of independent
experts' views.
However the chairman of the Board of Directors, Ivan Rodionov,
stressed that the "Board is ready to revisit the demand for an
extraordinary shareholders' meeting after the faults and inconsistencies
found in the documents have been remedied."
He is confident that the Board of Directors is working in the
interests of all shareholders.