Moscow, 7 September 2007. Transfer of WGC-5 and TGC-5 shares to RAO "UES of Russia" shareholder accounts is completed*. WGC-5 and TGC-5 were spun off from RAO "UES of Russia" Parent Company during the first phase of reorganization.

For each ordinary share in RAO "UES of Russia" held, shareholders received 0.41 of an ordinary share in WGC-5 and 13.59 ordinary shares in TGC-5 (rounded). For each preferred share in RAO "UES of Russia" held, shareholders received 0.37 of an ordinary share in WGC-5 and 12.45 ordinary shares in TGC-5 (rounded).

For full information on WGC-5 and TGC-5 shares received please turn to WGC-5 Registrar – OAO Moscow Central Depository (www.mcd.ru) and TGC-5 Registrar – ZAO Reestr A-Plus (www.reap.ru) respectively. If the share registration is entrusted to a depository, turn to the respective depository.