The shares were acquired for proceeds from stock options of JSC Inter RAO, where Mr. Dod was Chairman of the Management Board before joining RusHydro.
Mr. Dod commented on the transaction: "I'm confident that RusHydro shares are currently fundamentally under-valued and have significant growth potential. As of today, the market price is even lower than the strike price for the ESOP we launched in late 2010. The Board of Directors has set a goal to increase the Company's market capitalization to ca. USD 40 bln. by 2015. I'm confident that we are fully capable of attaining such an ambitious growth target for business and market capitalization, both via organic growth and M&A, as well as by strengthening the trust of market participants in the Company and the Russian economy as a whole."
The above information is disclosed in compliance with the Securities Act of the Russian Federation.
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