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Unified Energy System

December 20, 2007

RAO UES is named Russia's Leader in Environment Protection

Moscow, 20 December 2007. RAO "UES of Russia" has been named Winner of the Russian Leaders in Corporate Governance – 2007 Awards. The Honorary Order "Environmental Shield of Russia" has been awarded to Chairman of the RAO UES Management Board Anatoly Chubais, Deputy Chairman of the Management Board Yakov Urinson, and Head of Economic Policy Department of RAO "UES of Russia" Igor Kozhukhovsky. Olga Novoselova, Deputy Head of the Environmental Working Group of RAO "UES of Russia", and Alexey Konev, General Director of the UES Energy Efficiency Center, have received Honorary Medals "For Distinction in Environmental Activities".

The awards ceremony took place during the Third All-Russia Environmental Conference "New Priorities for the National Environmental Policy in the Real Sector of Economy" held yesterday. The event was organized with the support of the State Duma and Federation Council of Russia, the Ministry of Industry and Energy, Ministry of Economic Development and Trade, and the leading public environmental organizations.

According to the experts who took part in the survey, RAO "UES of Russia" has been the greatest contributor to the nation's environment protection efforts. The experts noted, first of all, the Company's success in implementing its Environment Protection Policy, including the large-scale environmental audits, introduction of environment management systems and the best environment protection practices, as well as the proactive dialogue of RAO "UES of Russia" with the public environmental organizations, and its efforts designed to implement the Kyoto Protocol mechanisms in Russia.

Simultaneously with the environmental review of the year by the authorities, the energy company has reviewed the results of its environmental activities during the Second All-Russia Conference "Implementation of the RAO UES Environment Protection Policy" held in the Moscow Region.

The event was attended by more than 130 delegates representing over 100 energy entities of RAO "UES of Russia"

The key issues addressed at the Conference were the progress made in implementing the Company's Environment Protection Policy in 2007 and the goals and objectives for 2008.

Special attention was paid to the need to ensure continuity of environment management activities after the reorganization of RAO "UES of Russia" is completed. It is planned that environmental activities in the sector after the Company's reorganization will be implemented in accordance with the multilateral Agreement on the Environmental Policy in the Electricity Industry. Among the 80-plus participants in the discussion of the key provisions of the Agreement were officials from Russia's Ministry of Industry and Energy, Federal Energy Agency, representatives of Greenpeace of Russia, the Independent Environmental Ratings Agency (NERA), ENEL, SUEK, and RAO UES companies.

The Conference participants decided to use the draft Agreement as a basis and to finalize it taking into account the suggestions made by the organizations that are potential signatories to the Agreement.


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Shareholder Relations
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