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Unified Energy System

May 24, 2005

Share issue of OAO "TGC-10" registered with the FSFM of Russia

Moscow, 24 May 2005. On 23 May 2005, the Ural Regional Division of the Federal Service for the Financial Markets of Russia registered the issue of ordinary shares of OAO "Territorial Generation Company No. 10" (OAO "TGC-10"). Simultaneously, the regulator registered the resolution on share issuance and the share placement report.

According these documents, OAO "TGC-10" placed 1 billion ordinary shares, par value of RUB0.01 per share.

OAO "TGC-10" was registered on 30 March 2005 by the Inspectorate of the Federal Tax Service of Russia for the Traktorozavodsky District, city of Chelyabinsk. The Director General of OAO "TGC-10" is Alexander Faustov.

OAO "TGC-10" holds part of the generating assets of OAO "Tyumenenergo" (and after reorganization of OAO "Tyumenenergo", the generation and heating network assets owned by OAO "Tyumen Regional Generation Company"), the generation and heating network assets of OAO ""Chelyabinsk Generation Company", and assets of OAO "Kurganenergo" (after the reorganization of OAO "Kurganenergo", the generating and heating network assets of OAO "Kurgan Generation Company").

The resolution to establish OAO "TGC-10" as a wholly-owned subsidiary of OAO RAO "UES of Russia" was approved by the Board of Directors of RAO "UES of Russia" on 29 October 2004.

OAO "TGC-10" is under the charge of Business Unit No. 2 of RAO "UES of Russia" headed by Vladimir Avetisyan, member of the Management Board and Managing Director of RAO "UES of Russia".

 

 

 

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