Meeting of the Board of Directors of E.ON Russia

The specified regulation has already been approved to control the expenditure of the investment funds obtained from additional issues of shares. Currently, the allocated investment funds obtained from additional issues of shares have been fully spent on the investment program financing.
 
The Board of Directors introduced amendments to the Regulation on the New Build Steering Committee. The amendments are primarily associated with completion of the new capacity construction investment projects (combined cycle power units at Shatruskaya GRES, Surgutskaya GRES-2 and Yaivinskaya GRES which were put into operation in 2010-2011).  The Committee's work is currently focused on the management of power unit No. 3 Berezovskaya GRES construction project.  Taking into account involvement of E.ON New Build & Technologies Gmbh (ENT), the global organization unit of E.ON Group, in implementation of this project in charge of the new build projects the Committee's competence has been expanded in terms of the issues on the work coordination with ENT.
 
Due to termination of labour relations of the Company with Ulf Backmeyer, Deputy Director General for Finance and Economics, as from 2 March the Board of Directors terminated his powers as the Company's Board member. U. Backmeyer was withdrawn from the compositions of the Committees of the Board of Directors.