RusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces that the Company's new Board of Directors, elected by the Extraordinary General Meeting of shareholders on April, 19, 2013, held a meeting in absentia on May 14, 2013.

***

The Board of Directors elected Viktor Danilov-Danilyan to chair the meeting.

***

The Board of Directors elected members to the committees of the Board.

The Board elected 3 members to the Audit Committee:

§  Viktor Danilov-Danilyan, independent member of the Board;

§  Viktor Kudryavy, independent member of the Board;

§  Denis Nozdrachev, independent member of the Board

The Board re-elected Mr. Danilov-Danilyan as the Chairman of the committee.

***

The Board elected 3 members to the Remuneration Committee:

§  Viktor Danilov-Danilyan, independent member of the Board;

§  Viktor Kudryavy, independent member of the Board;

§  Denis Nozdrachev, independent member of the Board

The Board re-elected Mr. Danilov-Danilyan as the Chairman of the committee.

***

The Board of Directors elected 11 members to the reliability, energy efficiency and innovations Committee:

§  Rakhmetulla Alzhanov, Deputy Chairman of the Management Board, RusHydro;

§  Evgeny Bellendir, Director for scientific research, RusHydro;

§  Boris Bogush, Member of the Management Board, RusHydro;

§  Mikhail Bolgov, acting general director, Institute of Water Issues of the Russian Academy of Sciences;

§  Eduard Volkov, Member of the Board of Directors, RusHydro;

§  Sergey Voskresensky, Member of the Management Board, RusHydro;

§  Viktor Kudryaviy, Member of the Board of Directors, RusHydro;

§  Alexey Maslov, Deputy Chairman of the Management Board, RusHydro;

§  Sergey Pavlushko, Member of the Management Board, director for regime control, System Operator of Russia;

§  George Rizhinashvili, Deputy Chairman of the Management Board, RusHydro;

§  Rasim Khaziakhmetov, Director for technical policy and development, RusHydro.

The Board re-elected Mr. Kudryaviy as the Chairman of the committee.

***

The Board elected 9 members to the Strategy Committee:

§  Evgeny Gorev, Member of the Management Board, RusHydro;

§  Viktor Danilov-Danilyan, Member of the Board of Directors, RusHydro;

§  Andrey Malyshev, President, E4 Group;

§  Mikhail Mantrov, Deputy Chairman of the Management Board, RusHydro;

§  Valentin Mezhevich, Member of the Upper House of Parliament;

§  Vyacheslav Pivovarov, Member of the Board of Directors, RusHydro;

§  George Rizhinashvili, Deputy Chairman of the Management Board, RusHydro;

§  Maria Tikhonova;

§  Nikolay Shulginov, First Deputy Chairman of the Management Board, System Operator of Russia.

The Board re-elected Mr. Malyshev as the Chairman of the committee.

***

The Board elected 9 members to the Investments Committee:

§  Ilya Gubin, Member of the Board of Directors, RusHydro;

§  Viktor Danilov-Danilyan, Member of the Board of Directors, RusHydro;

§  Alexander Ilyenko, Member of the Management Board, director for development, System Operator of Russia;

§  Mikhail Mantrov, Deputy Chairman of the Management Board, RusHydro;

§  Alexey Maslov, Deputy Chairman of the Management Board, RusHydro;

§  Denis Nozdrachev, Member of the Board of Directors, RusHydro;

§  Vyacheslav Pivovarov, Member of the Board of Directors, RusHydro;

§  George Rizhinashvili, Deputy Chairman of the Management Board, RusHydro;

§  Maria Tikhonova.

The Board elected Mr. Nozdrachev as the Chairman of the committee.