JSC RusHydro's Board of Directors passed a Resolution on the additional issue of securities and on the Company's Prospectus

The placement will occur via public offering and payment is due upon full share placement.
The State registration of the additional securities issue and the Prospectus is planned for December 2010. An Announcement concerning the State registration of the additional issue of JSC RusHydro shares and a Notice on the possibility of exercising the pre-emptive right to purchase additional shares will be published in accordance with applicable Russian legislation and the Company's Articles of Association.
The list of persons enjoying the pre-emptive right to acquire additional shares was drawn up September 14th, 2010 (the date that a list of persons eligible to participate in the Company's  Extraordinary General Meeting (EGM) of  shareholders was compiled).
Funds raised through the share placement will principally be used to reconstruct the Company's Baksanskaya HPP, as well as for the corporate investment program.