FSFM of Russia registered the Resolution on the additional issue of JSC FGC UES securities and the Prospectus of issue of securities

The Decision to increase he Authorized capital of JSC FGC UES through offering of additional ordinary shares of the company was made at the meeting of the Board of Directors on June 28, 2010. Number of securities within the issue equals 28,288,776,589 shares with nominal value of RUR 0.50 (fifty kopeks) each for total amount of RUR 14,144,388,294.50. Method of payment for the shares is by monetary funds. February 4, 2011 is determined as the end date of the offering.
Offering price of the additional shares (including to persons enjoying the pre-emption right to purchase additional shares offered) was determined in the amount of RUR 0.50 per one share. Offering price is determined based on nominal value of the shares in accordance with the existing legislation of the Russian Federation. The mode of placement is public offering. Monetary funds received in the result of the issue will be spent on realization of the company investment program.
It should be highlighted that the Federal Law dated 02.12.2009 No. 308-FZ “On the Federal Budget for 2010 and the planning period of 2011 and 2012” provides for budgetary allocations to the authorized capital of JSC FGC UES in 2010 in the amount of RUR 11,189 million. Additional RUR 2,955 million is the maximum amount to be used as payment for shares by minority shareholders enjoying the pre-emption right to purchase shares.
All shareholders of JSC FGC UES have the pre-emption right to purchase additional shares in the amount proportional to the amount of the company ordinary shares they own. List of the mentioned persons was prepared on the basis of the shareholder register as of 28 June 2010 (the date of the Decision of the Board of Directors of JSC FGC UES that is the basis for additional shares offering).