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Inter RAO UES

August 8, 2008

The Federal Financial Markets Service of Russia registered the reports on additional issue of INTER RAO UES securities placed during the second stage of the Company’s reorganization

Moscow, 8 August 2008. On August 7, 2008, the Federal Financial Markets Service of Russia registered the reports on results of additional issue of OJSC INTER RAO UES securities, which were placed as a result of a takeover by the Company of Kaliningradskaya TETs-2 and OJSC Inter RAO UES Holding, spun-off from RAO UES of Russia, on July 1, 2007.

Totally, as a result of conversion of ordinary shares of Kaliningradskaya TETs-2, as well as of ordinary and privileged shares of OJSC Inter RAO UES Holding, into the shares of OJSC INTER RAO UES, there were placed 977.71 billion of additional ordinary shares of the Company with the nominal value of RUB 0.1 each.

Registration of the stated reports was the final action for reorganization of OJSC INTER RAO UES, which took place within the final reorganization of RAO UES of Russia, performed in accordance with the state program of reforming the electric power industry.

Recall that earlier, on May 1, 2008, the merger of JSC INTER RAO UES, Severo-Zapadnaya TETs, and Ivanovskiye PGU with and into OJSC INTER RAO UES was completed.

As a result of the reorganization, a unified operational, diversified company was established on the backbone of OJSC INTER RAO UES. The new company is active in various regions of the Russian Federation and abroad with direct participation in its authorized capital of RAO UES of Russia shareholders, as well as the shareholders of all the adjoined companies.

In total, OJSC INTER RAO UES placed 2,274,113,845,013 ordinary shares with the nominal value of RUB 0.1 each.

The Company’s authorized capital makes RUB 227,411,384,501 and 30 kopecks according to the results of the completed reorganization.

The respective message of the Federal Financial Markets Service of Russia can be found on the website of the Federal Service: https://www.fcsm.ru/document.asp?ob_no=137163.

 

 

 

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