Moscow, 6 February 2007. On 1 February 2007, OAO "TGC-9" completed all legal and corporate procedures required to consolidate its assets and merge OAO "Komi Regional Generation Company" with and into TGC-9.

The first phase of TGC-9 reorganization took place in May 2006 through merger of OAO "Perm Generation Company" and OAO "Sverdlovsk Generation Company" with and into TGC-9.

On 1 July 2006, OAO "Komi Regional Generation Company", which is also part of TGC-9 configuration, was spun off from OAO "Komienergo".

Initially, the consolidation plan provided for the exchange of additional shares in TGC-9 for shares in OAO "Komi Regional Generation Company". However, the Board of Directors of RAO "UES of Russia" on 28 July 2006 decided that it would be more advisable to merge OAO "Komi Regional Generation Company" with and into OAO "TGC-9", which is in line with the general approach to the establishment of TGCs as unified operating companies.

Shares in OAO "Komi Regional Generation Company" were converted into shares in OAO "TGC-9", and its shareholders acquired shares in TGC-9. After the placement report on the additional share issue is registered with the FSFM of Russia, RAO "UES of Russia" will hold a 50.05 percent stake in OAO "TGC-9".

To date, the target structure has been achieved at all six thermal WGCs and five TGCs—TGC-3 (OAO "Mosenergo"), TGC-4, TGC-5, TGC-9 and TGC-14.

On 23 June 2006, the Board of Directors of RAO "UES of Russia" included OAO "TGC-9" in the list of pilot projects for WGC and TGC additional share issues. The consolidation of the company's production and financial assets will help boost its investment attractiveness.