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Unified Energy System

October 3, 2005

20 new companies spun off from regional energos of RAO "UES of Russia" complete state registration on October 1st and 3rd

Moscow, 3 October 2005. In accordance with the regional energos restructuring plan, 16 new companies established in the course of reorganization of OAO "Vologdaenergo", OAO "Kolenergo", OAO "Krasnoyarskenergo", and OAO "Lenenergo" completed their registration with the state authorities on 1 October 2005. Also, on 1 and 3 October, state registration was granted to the four transmission grid companies spun off from the regional energos previously unbundled: OAO "Oryolenergo", OAO "Orenburgenergo", OAO "Permenergo", and OAO "Sverdlovenergo".

1 October, 2005

OAO "Vologdaenergo"

OAO "Cherepovetskaya TPP"
OAO "Vologodskaya CHPP"
OAO "Vologda Retail Company"
OAO "Vologda Trunk Grids"

OAO "Kolenergo"

OAO "Apatitskaya CHPP"
OAO "Murmanskaya CHPP"
OAO "Kolskaya Generation Company"
OAO "Kolskaya Energy Retail Company"
OAO "Kolskie Trunk Grids"

OAO "Krasnoyarskenergo"

OAO "Krasnoyarskaya Generatsiya"
OAO "Krasnoyarskenergosbyt"
OAO "Krasnoyarsk Trunk Grids"
OAO "Tyvaenergokholding"

OAO "Lenenergo"

OAO "Severo-Zapadnaya Energy Management Company"
OAO "Petersburg Generation Company"
OAO "Petersburg Retail Company"

OAO "Oryolenergo"

OAO "Oryol Trunk Grid Company"

OAO "Orenburgenergo"

OAO "Orenburg Trunk Grids"

3 October, 2005:

OAO "Permenergo"

OAO "Perm Trunk Grid Company"

OAO "Sverdlovenergo"

OAO "Sverdlovsk Trunk Grids"

 As of today, the regulatory authorities have granted registration to 216 new companies established as a result of reorganization of 49 subsidiaries and dependent companies (SDCs) of RAO "UES of Russia"*: OAO "Arkhenergo", OAO "Astrakhanenergo", OAO "Belgorodenergo", OAO "Bryanskenergo", OAO "Vladimirenergo", OAO "Voronezhenergo", OAO "Volgogradenergo", OAO "Vologdaenergo",

OAO "Dagenergo", OAO "Ivenergo", OAO "Kalugaenergo", OAO "Kamchatskenergo", OAO "Karelenergo", OAO "Kirovenergo", OAO "Kolenergo", OAO "Kostromaenergo", OAO "Krasnoyarskenergo", OAO "Kurskenergo", OAO "Lenenergo", OAO "Lipetskenergo", OAO "Marienergo", OAO "Mordovenergo", OAO "Mosenergo", OAO "Nizhnovenergo", OAO "Novgorodenergo", OAO "Omskenergo", OAO "Oryolenergo", OAO "Orenburgenergo", OAO "Penzaenergo", OAO "Permenergo", OAO "Pskovenergo", OAO "Rostovenergo", OAO "Ryazanenergo", OAO "Samaraenergo", OAO "Saratovenergo", OAO "Sverdlovenergo", OAO "Smolenskenergo", OAO "Stavropolenergo", OAO "Tambovenergo", OAO "Tverenergo", OAO "Tomskenergo", OAO "Tulenergo", OAO "Tyumenenergo", OAO "Udmurtenergo", OAO "Ulyanovskenergo", OAO "Khakasenergo", OAO "Chelyabenergo", OAO "Chuvashenergo" i OAO "Yarenergo".

To date, the functional separation has been fully completed at 43 subsidiaries and dependent companies of RAO "UES of Russia".

* Timings of state registration of the companies spun off from regional energos:

No.

Regional energos

Spin-off Companies

Date of new company's state registration

Basic Plan for Restructuring of Regional Energos

1

OAO "Arkhenergo"

OAO "Arkhangelsk Generation Company"

01 April 2005

OAO "Arkhangelsk Trunk Grid Company"

01 September 2005

OAO "Arkhangelsk Retail Company"

01 April 2005

2

OAO "Astrakhanenergo"

OAO "Astrakhan Regional Generation Company"

11 January 2005

OAO "Astrakhan Trunk Grids"

01 September 2005

OAO "Astrakhan Energy Management Company"

11 January 2005

OAO "Astrakhan Energy Retail Company"

11 January 2005

3

OAO "Belgorodenergo"

OAO "Belgorod Retail Company"

01 October 2004

OAO "Heat Energy Company"

01 October 2004

OAO "Power Grid Company"

01 April 2005

OAO "Belgorod Trunk Grid Company"

01 April 2005

4

OAO "Bryanskenergo"

OAO "Bryansk Generation Company"

01 October 2004

OAO "Bryansk Retail Company"

01 October 2004

OAO "Bryansk Energy Management Company"

19 April 2004

OAO "Bryansk Trunk Grid Company"

01 September 2005

5

OAO "Vladimirenergo"

OAO "Vladimir Energy Retail Company"

01 January 2005

OAO "Vladimir Generation Company"

01 January 2005

OAO "Vladimir Energy Company"

15 January 2005

OAO "Vladimir Trunk Grids"

01 September 2005

6

OAO "Volgogradenergo"

OAO "Volzhskaya Generation Company"

01 January 2005

OAO "Volga-Don Energy Complex Management Company"

01 January 2005

OAO "Volgogradenergosbyt"

01 January 2005

OAO "Volgograd Trunk Grids"

01 September 2005

7

OAO "Vologdaenergo"

OAO "Cherepovetskaya TPP"

01 October 2005

OAO "Vologodskaya CHPP"

01 October 2005

OAO "Vologda Retail Company"

01 October 2005

OAO "Vologda Trunk Grids"

01 October 2005

8

OAO "Voronezhenergo"

OAO "Voronezh Generation Company"

31 August 2004

OAO "Voronezh Energy Retail Company"

31 August 2004

OAO "Voronezh Management Energy Company"

31 August 2004

OAO "Voronezh Trunk Grid Company"

01 September 2005

9

OAO "Dagenergo"

OAO "Dagestan Regional Generation Company"

01 July 2005

OAO "Dagestan Energy Retail Company"

01 July 2005

OAO "Dagenergo Management Company"

03 March 2005

OAO "Dagestan Heat Generation Company"

03 March 2005

OAO "Dagestan Trunk Grids"

01 September 2005

10

OAO "Ivenergo"

OAO "Ivanovo Generation Company"

01 January 2005

OAO "Ivanovo Energy Retail Company"

01 January 2005

OAO "Ivanovo Management Energy Company"

14 January 2005

OAO "Ivanovo Trunk Grids"

01 September 2005

11

OAO "Kalugaenergo"

OAO "Kaluga Generation Company"

01 April 2004

OAO "Kaluga Retail Company"

01 April 2004

OAO "Kaluga Energy Management Company"

01 April 2004

OAO "Kaluga Trunk Grid Company"

01 April 2004

12

OAO "Karelenergo"

OAO "Karelenergogeneratsiya"

01 January 2005

OAO "Karelenergo Management Company"

01 January 2005

OAO "Karelia Energy Retail Company"

01 January 2005

OAO "Karelia Trunk Grids"

01 September 2005

13

OAO "Kirovenergo"

OAO "Vyatskaya Electricity and Heat Company"

01 March 2005

OAO "Kirovenergosbyt"

01 March 2005

OAO "Kirovenergo Management Company"

01 March 2005

OAO "Kirov Electricity Trunk Grids"

01 September 2005

14

OAO "Kolenergo"

OAO "Apatitskaya CHPP"

01 October 2005

OAO "Murmanskaya CHPP"

01 October 2005

OAO "Kolskaya Generation Company"

01 October 2005

OAO "Kolskaya Energy Retail Company"

01 October 2005

OAO "Kolskie Trunk Grids"

01 October 2005

15

OAO "Kostromaenergo"

OAO "Kostroma Generation Company"

01 January 2005

OAO "Kostroma Retail Company"

01 January 2005

OAO "Kostroma Trunk Grids"

31 August 2005

16

OAO "Krasnoyarskenergo"

OAO "Krasnoyarskaya Generatsiya"

01 October 2005

OAO "Krasnoyarskenergosbyt"

01 October 2005

OAO "Krasnoyarsk Trunk Grids"

01 October 2005

OAO "Tyvaenergoholding"

01 October 2005

17

OAO "Kurskenergo"

OAO "Kursk Generation Company"

01 February 2005

OAO "Kursk Energy Management Company"

01 February 2005

OAO "Kurskenergosbyt"

01 February 2005

OAO "Kursk Trunk Grids"

01 September 2005

18

OAO "Lenenergo"

OAO "Severo-Zapadnaya Energy Management Company"

01 October 2005

OAO "Petersburg Generation Company"

01 October 2005

OAO "Petersburg Retail Company"

01 October 2005

19

OAO "Lipetskenergo"

OAO "Lipetsk Generation Company"

11 January 2005

OAO "Lipetsk Energy Management Company"

11 January 2005

OAO "Lipetsk Energy Retail Company"

11 January 2005

OAO "Lipetsk Trunk Grids"

01 September 2005

20

OAO "Marienergo"

OAO "Mari Regional Generation Company"

01 January 2005

OAO "Mari Regional Management Company"

01 January 2005

OAO "Marienergosbyt"

01 January 2005

OAO "Mari Trunk Grids"

01 September 2005

21

OAO "Mordovenergo"

OAO "Mordovia Generation Company"

01 February 2005

OAO "Mordovia Heat Network Company"

01 February 2005

OAO "Mordovia Energy Management Company"

01 February 2005

OAO "Mordovia Energy Retail Company"

01 February 2005

OAO "Mordovia Trunk Grid Company"

01 September 2005

22

OAO "Mosenergo"

OAO "Energy Management Company"

01 April 2005

OAO "Transmission Company"

01 April 2005

OAO "Moscow City Electricity Distribution Company"

01 April 2005

OAO "Moscow Heat Distribution Company"

01 April 2005

OAO "Moscow Regional Electricity Distribution Company"

01 April 2005

OAO "Mosenergosbyt"

01 April 2005

OAO "Specialized Design Bureau for Repair and Modernization"

01 April 2005

OAO "Mosteplosetenergoremont"

01 April 2005

OAO "Mosenergosetstroy"

01 April 2005

OAO "TPP-4" ("GRES-4")

01 April 2005

OAO "TPP-5" ("GRES-5")

01 April 2005

OAO "TPP-24" ("GRES-24")

01 April 2005

OAO "Zagorskaya Pumped Storage Hydroelectric Plant" (PSHP)

01 April 2005

23

OAO "Nizhnovenergo"

OAO "Nizhny Novgorod Generation Company"

01 February 2005

OAO "Nizhny Novgorod Management Energy Company"

01 April 2005

OAO "Nizhny Novgorod Retail Company"

01 April 2005

OAO "Nizhny Novgorod Energy Repair Company"

01 April 2005

OAO "Nizhny Novgorod Trunk Grid Company"

01 September 2005

24

OAO "Novgorodenergo"

OAO "Novgorod Generation Company"

01 April 2005

OAO "Novgorod Energy Retail Company"

01 April 2005

OAO "Novgorod Energy Management Company"

01 April 2005

25

OAO "Omskenergo"

OAO "Omsk Electricity Generation Company"

01 August 2005

OAO "Omsk Management Company"

01 August 2005

OAO "Omsk Energy Retail Company".

01 August 2005

OAO "Omsk Trunk Grid Company"

01 September 2005

26

OAO "Oryolenergo"

OAO "Oryol Generation Company"

01 April 2005

OAO "Oryol Retail Company"

01 April 2005

OAO "Oryol Energy Management Company"

01 April 2005

OAO "Oryol Trunk Grid Company"

01 October 2005

27

OAO "Orenburgenergo"

OAO "Orenburg Heat Generation Company"

01 July 2005

OAO "Iriklinskaya TPP"

01 July 2005

OAO "Orenburgenergosbyt"

01 July 2005

OAO "Orenburg Trunk Grids"

01 October 2005

28

OAO "Penzaenergo"

OAO "Penza Generation Company"

01 January 2005

OAO "Penza Energy Management Company"

01 January 2005

OAO "Penza Energy Retail Company"

01 January 2005

OAO "Penza Energy Repair Company"

01 January 2005

OAO "Penza Trunk Grid Company"

01 September 2005

29

OAO "Permenergo"

OAO "Perm Energy Management Company"

01 April 2005

OAO "Perm Generation Company"

01 April 2005

OAO "Yaivinskaya TPP"

01 April 2005

OAO "Perm Energy Retail Company"

01 April 2005

OAO "Permenergoremont"

01 April 2005

OAO "Permenergospetsremont"

01 April 2005

OAO "Perm Trunk Grid Company"

03 October 2005

30

OAO "Rostovenergo"

OAO "Rostov Generation Company"

11 January 2005

OAO "Energosbyt Rostovenergo"

11 January 2005

OAO "Rostovenergo Management Company"

11 January 2005

OAO "Rostovenergo Trunk Grid Company"

01 September 2005

31

OAO "Ryazanenergo"

OAO "Ryazan Heat Supply Company"

11 January 2005

OAO "Ryazan Management Company"

11 January 2005

OAO "Ryazan Energy Retail Company"

11 January 2005

OAO "Ryazan Trunk Grids"

01 September 2005

32

OAO "Sverdlovenergo"

OAO "Sverdlovsk Generation Company"

01 April 2005

OAO "Sverdlovsk Energy Management Company"

01 April 2005

OAO "Sverdlovenergosbyt"

01 April 2005

OAO "Serovskaya TPP"

01 April 2005

OAO "Sverdlovsk Energy Service Company"

01 April 2005

OAO "Sverdlovsk Trunk Grids"

03 October 2005

33

OAO "Smolenskenergo"

OAO "Smolensk Management Energy Company"

01 February 2005

OAO "Smolensk Generation Company"

01 February 2005

OAO "Smolenskenergosbyt"

01 February 2005

OAO "Smolenskaya TPP"

01 February 2005

OAO "Smolensk Energy Repair Company"

01 February 2005

OAO "Smolensk Electricity Trunk Grids"

01 September 2005

34

OAO "Stavropolenergo"

OAO "Stavropol Electricity Generation Company"

01 April 2005

OAO "Stavropol Management Company"

01 April 2005

OAO "Stavropolenergosbyt"

01 April 2005

OAO "Stavropol Heat Generation Company"

01 April 2005

35

OAO "Tambovenergo"

OAO "Tambov Generation Company"

11 January 2005

OAO "Tambov Energy Management Company"

11 January 2005

OAO "Tambov Energy Retail Company"

11 January 2005

OAO "Tambov Trunk Grid Company"

01 September 2005

36

OAO "Tverenergo"

OAO "Tver Generation Company"

11 January 2005

OAO "Tver Management Energy Company"

11 January 2005

OAO "Tver Energy Retail Company"

11 January 2005

OAO "Tver Energy Repair Company"

11 January 2005

OAO "Tver Trunk Grids"

01 September 2005

37

OAO "Tomskenergo"

OAO "Tomsk Energy Management Company"

31 March 2005

OAO "Tomsk Distribution Company"

31 March 2005

OAO "Tomsk Energy Retail Company"

31 March 2005

OAO "Tomsk Trunk Grids"

31 March 2005

OAO "Tomskenergoremont"

31 March 2005

OAO "Tomskelektrosetremont"

31 March 2005

38

OAO "Tulenergo"

OAO "Priokskaya Territorial Generation Company"

01 April 2005

OAO "Tula Energy Management Company"

01 April 2005

OAO "Tula Retail Company"

01 April 2005

OAO "Tula Trunk Grid Company"

01 September 2005

39

OAO "Tyumenenergo"

OAO "Surgutskaya TPP-1"

01 July 2005

OAO "Surgutskaya TPP-2"

01 July 2005

OAO "Nizhnevartovskaya TPP"

01 July 2005

OAO "Urengoiskaya TPP"

01 July 2005

OAO "Tyumen Regional Generation Company"

01 July 2005

OAO "Tyumen Energy Retail Company"

01 July 2005

OAO "Tyumen Trunk Grid Company"

01 September 2005

40

OAO "Udmurtenergo"

OAO "Udmurt Territorial Generation Company"

01 January 2005

OAO "Udmurt Management Energy Company"

01 January 2005

OAO "Udmurt Energy Retail Company"

01 January 2005

OAO "Udmurt Trunk Grids"

01 September 2005

41

OAO "Khakasenergo"

OAO "Khakassia Generation Company"

01 July 2005

OAO "Khakasenergosbyt"

01 July 2005

OAO "Khakassia Transmission Company"

01 July 2005

42

OAO "Chelyabenergo"

OAO "Chelyabinsk Generation Company"

31 January 2005

OAO "Chelyabinsk Management Energy Company"

31 January 2005

OAO "Chelyabenergosbyt"

31 January 2005

OAO "Yuzhnouralskaya TPP"

31 January 2005

OAO "Chelyabinsk Electricity Trunk Grids"

01 September 2005

43

OAO "Chuvashenergo"

OAO "Chuvash Generation Company"

01 January 2005

OAO "Chuvash Management Company"

01 January 2005

OAO "Chuvash Energy Retail Company"

01 January 2005

OAO "Cheboksarskaya HPP"

01 January 2005

OAO "Chuvash Trunk Grids"

01 September 2005

44

OAO "Yarenergo"

OAO "Yaroslavl Energy Company"

11 January 2005

OAO "Yaroslavl Management Energy Company"

11 January 2005

OAO "Yaroslavl Retail Company"

11 January 2005

OAO "Yarenergoremont-Holding"

22 November 2004

OAO "ATP Yarenergo-Holding"

22 November 2004

OAO "Yaroslavl Trunk Grids"

31 August 2005

     

"Non-basic" Restructuring Plan

   

45

OAO "Kamchatskenergo"

OAO "Kamchatskie CHPPs"

21 June 2005

OAO "Central Electricity Grids"

21 June 2005

OAO "Southern Electricity Grids of Kamchatka"

21 June 2005

OAO "Pauzhetskaya GeoPP"

23 June 2005

OAO "Autotransport Enterprise"

23 June 2005

OAO "Kamchatka Heat Transmission Company"

30 June 2005

46

OAO "Pskovenergo"

OAO "Pskovenergosbyt"

18 August 2004

OAO "Pskovenergoagent"

18 August 2004

OAO "Pskovenergoauto"

23 August 2004

OAO "Pskovenergoservice"

23 August 2004

47

OAO "Samaraenergo"

OAO "Volzhskaya TGC"

OAO "Volzhskaya Interregional Distribution Company"

01 August 2005

26 August 2005

48

OAO "Saratovenergo"

49

OAO "Ulyanovskenergo"

OAO "Ulyanovsk Trunk Grids"

29 July 2005

_____________________________________________________

Information for the attention of stock market participants:

Shares in a spin-off company are distributed among shareholders of the company reorganized through spin-off.

The shares will be distributed to the regional energos' shareholders at a ratio established in the resolution of the reorganization of the company.

Shareholders who voted AGAINST the resolution to reorganize the regional energo or did not take part in the voting on that item of business will receive shares in the newly established companies of the corresponding class (type) in the amount equal to the number of shares of that class (type) in the reorganized regional energo held by them as at the date of the share placement.

The date on which the shares in the spin-off companies are placed is the date of state registration of the companies established as a result of regional energos' reorganization. The new shares are to be credited to the securityholder accounts with registrars and to the securities safekeeping accounts with securities depositories in accordance with the records in the share register of the regional energo as at such date.

The shares will be credited to the security holder accounts by the Registrar to be appointed by the Boards of Directors of the newly established companies.

Share issues of the spin-off companies are expected to be registered with the regulators within one and a half months after the date of the companies' state registration. Transactions in such shares may be effected after the state registration of the security issues.

 

 

 

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