AGM Results

Steppe Cement Ltd

AGM Results

Steppe Cement Ltd wishes to announce that the following resolutions were passed in the AGM held on Monday, 10 May 2010:

Resolution 1:

To receive and adopt the audited financial statements for year ended 31 December 2009.

Resolution 2:

To re-elect the following directors who offered themselves for re-election:

2.1 Javier Del Ser Perez

2.2 Paul Rodzianko

2.3 Malcolm Ronald Brown

Resolution 3:

To authorize the Directors to determine the auditor's remuneration.

Resolution 4:

To approve the use of electronic communication to shareholders to receive the annual reports and accounts as provided in the Guidance Notes to AIM Rules 18 and 19.