| Moscow, 29 March 2007. RAO "UES of Russia" announces competition to select an investment bank or a consortium of investment banks to support the implementation of the final phase of the Company's reorganization.
Preliminary bids for the project will be accepted until 4 April 2007. After the above deadline, a closed tender is expected to be held among the banks which submit their preliminary bids.
In the course of selection of an investment bank or consortium, RAO "UES of Russia" will hold working meetings with the banks which will submit bids to provide specific services relating to the reorganization project.
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* This press-release is intended for informational purposes only and does not constitute an official offer. The relevant notice is available on the Russian page of the Company's website in the Section "RAO UES Procurement and Notices".
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