The annual General Shareholders Meeting of “Interregional Distribution Grid Company of Volga”, Joint Stock Company took place on June 5, 2009. Shareholders approved the annual report of the Company, annual accounting reporting, including profit-and-loss report. The meeting decided not to distribute profits at the end of 2008 year and to spent the accumulated surplus of the financial period in the amount of 767 679 thousand rubles to the development of production. At the year-end the company available earnings are equal to 808 083 thousand rubles.

The Shareholders meeting elected the new Board of Directors. According to the results of voting 11 people became members of the new Board of Directors (their posts are stated as of the date of the election): Gromov Maxim Evgenyevich, First Deputy Director General of “SMUEK”, JSC , Ryabikin Vladimir Anatolyevich, General Director of “IDGC of Volga”, JSC, Ametov Iskander Dzhangirovich, General Director of the branch of “SO UES” ODU of Middle Volga, JSC; Okley Pavel Ivanovich, Deputy Director General - Technical director of “IDGC Holding”, JSC; Tikhonova Maria Gennadyevna, Head of Department of Ministry of Energy of Russia; Ivanov Sergey Nikolayevich, First Deputy Chairman of the Board of “FSK UES”, JSC, Inozemtsev Vladimir Vyacheslavovich, Head of Department of Transport, Power energy and Interaction with Clients in “IDGC Holding”, JSC; Vinogradova Tatyana Viktorovna, Deputy Head of Property Management Department in “IDGC Holding”, JSC; Saukh Maxim Mikhaylovich, First Deputy Head of Corporate Governance and Interaction with Shareholders Department in “IDGC Holding”, JSC; Popovsky Sergey Nikolayevich, the representative of NP ATS; Katina Anna Yuryevna, Head of Analysis and Control Subdivision of Corporate Governance and Interaction with Shareholders Department in “IDGC Holding”, JSC. Shareholders of “IDGC of Volga”, JSC elected the new Revision committee in the number of 5 people (their posts are stated as of the date of the election): Puchkova Irina Yuryevna, Head of the Economy Department in “IDGC of Volga”, JSC; Ivanova Kseniya Valeryevna, Head of Subdivision of Corporate Governance and Interaction with Shareholders Department in “IDGC Holding”, JSC; Sidorov Sergey Borisovich, Head of Internal Audit Department in “IDGC of Volga”, JSC; Rohlina Olga Vladimirovna, the examiner-in-chief of Internal Audit Department in “IDGC of Volga”, JSC; Bedridinova Yelena Sergeyevna, leading expert of Internal Audit Department in “IDGC of Volga”, JSC.

“Neksiya Pacholi”, LLC (license No. Å000733) was elected as the chief auditor of the Company.