The Board Meeting, which was held on the office of AssociationIAon November 1st, 2011 was attended by Basic Director ofissol Petroleum Georgia Vasil Khorava, Deputy Basic Director ofukoil Georgia Shavleg Mishveladze,consultant ofompetrol Georgia Tengiz Chichinadze, Deputy Basic Director ofocar Energy Georgia Ravshan Mamedov, additionally, invited friends Vice President ofun Petroleum Georgia(Gulf Oil Worldwide Official distributor in Georgia) Otar Qatamadze and Head of Corporate Gross sales Division, Levan Akhvlediani.

Board assembly was opened of Mr. George Kotrikadze, who explained to audience that co Georgiawithdrew its membership from Affiliation IA The Board Members agreed on the choice ofco Georgia

The main subject mentioned on the Board Meeting was joining of un Petroleum Georgiain Association NIA. The Vice-President of un Petroleum Georgia Mr. Otar Qatamadze shortly reviewed company plural activities, in addition to company future plans. He also, expressed an excellent desire to hitch the Association.

In accordance the above-talked about concern, Board Memebrs – Mr. Ravshan Mamedov and Mr. Tengiz Chichinadze acknowledged, that becoming a member of of UN petroleum Georgiato the Affiliation IAwill significantly enhance theOil sector as properly as the plural activities of the Association itself.

Board Members unanimously agreed about becoming a member of a brand new member un Petroleum Georgian Affiliation IA./p>

Also, other actual points had been, mentioned on the Board meeting. Head of Board of Affiliation IAthanked everybody for taking part in Board Meeting.