On 4 September, 2009, under the guidance of General Director of OJSC IDGC Holding Nikolai Shvets, the internally-correspondence meeting of the Board of Directors of OJSC "MOESK" took place.

Under its agenda, the meeting of the Board of Directors studied the reports of General Director of OJSC "MOESK" Yury Trofimov on performance of decisions that had been earlier made by the Board of Directors about the results of performance of the Business Plan of the Company and the investment program for the first quarter of 2009.

The Board of Directors has stated a positive estimation of the activities of OJSC "MOESK" following the results of the accounting period.

In the first quarter of 2009 profitability of own capital (ROE) equalled  2.93 %, EBITDA equalled 8.5 bn roubles; the gain from execution of services, 22.5 bn roubles, that is above the planned targets almost by 9 %, and the company net profit for the first quarter  exceeded 3.3 bn roubles.

On execution of the investment program of the Company in the first quarter of 2009 the company spent 2.5 bn roubles, placed in operation 60.5 MVA of transformer capacity and 140 km of transmission lines of various levels of pressure that exceeds the planned targets almost 2.5 times.  Summing up the actions, the Chairman of the Board of Directors of OJSC "MOESK" Nikolai Shvets noted a high enough degree and qualitative level of resolution of the problems set before the Company that influences the reliable and uninterrupted electricity supply of consumers of the Moscow Region.