July 1, 2008 – Information on the stages of the procedure of securities issue: Information on the state registration of the securities issue (additional issue).

1. General information

1.1. Full company name of the issuer (for noncommercial organization - name) is Open Joint-Stock Company “Moscow United Electric Grid Company”.

1.2. Short name of the issuer is OJSC “Moscow United Electric Grid Company”; OJSC “MOESK”.

1.3. The location of the issuer: 142100, Russian Federation, Moscow Region, the city of Podolsk, 27 Ordzhonikidze Street.

1.4. Primary state registration number of the issuer is 1057746555811.

1.5. Tax payer number of the issuer is 5036065113.

1.6. Unique code of the issuer assigned by the registration body is 65116-D.

1.7. Internet page address used by the issuer for information disclosure https://www.moesk.ru/ 

2. Announcement contents

“Information on the state registration of the securities issue (additional issue)”

2.3.1 Form, category (type), series and other identification characteristics of securities: Ordinary registered uncertified securities.

2.3.2 Maturity date (for bonds and options of the issuer): Not applicable for this type of securities.

2.3.3 State registration number of the issue (additional issue) of securities and the date of the state registration: 1-01-65116-D-001D as of July 30, 2008.

2.3.4. Name of the registration body, carried out the state registration of the issue (additional issue) of the securities: the Federal Financial Markets Service (FFMS of Russia).

2.3.5. The amount of the placed securities and the nominal value (if the presence of the nominal value is stipulated by the legislation of the Russian Federation) of each placed security: the amount of the placed securities is 20,461,450,000 (twenty billion four hundred and sixty one million four hundred and fifty thousand) pieces with nominal value of RUR 0.5 each.

2.3.6 Special offering, and in case of the private placement - also the potential securities’ acquirers:

Conversion of the ordinary registered uncertified shares of OJSC “MGEsK” into additional ordinary registered uncertified shares of OJSC “MOESK” during the process of merging in the order and on conditions stipulated by OJSC “MGEsK” and OJSC “MOESK” merging Agreement.

2.3.7 The presentation to the shareholders (participants of the issuer) and/or other bodies the preferential right of the securities acquisition: The preferential right to acquire the securities is not stipulated.

2.3.8. The price of the securities placement or the order of its determination: Information is not available for this type of placement.

2.3.9. The term of the securities placement or the order of its determination: The date of notification introduction to the Unified State Register of Legal Entities on termination of the activity of Open Joint-Stock Company “Moscow City Electric Grid Company” as a result of its merging to Open Joint-Stock Company “Moscow United Electric Grid Company”.

2.3.10. Fact of the registration (lack of the registration) of the prospectus of the securities together with the state registration of the issue (additional issue) of these securities: The prospectus of the securities is registered together with the state registration of the issue (additional issue) of the securities.

2.3.11. In case of the registration of the prospectus – the order of the access to information contained in the prospectus of the securities: The Issuer carries out information disclosure on each of the stage of the securities issue in the order stipulated by the Federal Law “On securities market”, the Federal law “On joint-stock companies” and also the Regulation on information disclosure by the Issue of the securities, approved by the order of FFMS of Russia as of October 10, 2006 No. 06-117/pz-n (¹ 06-117/ïç-í) in the order and terms determined by the decision on the additional issue of the securities and the Prospectus.

Information on the stage of the state registration on the additional issue of the Issuer’s securities is disclosed by the Issuer in the form “Notification on the state registration of the issue (additional issue) of the securities” and the order of assess to information contained in the prospectus (hereinafter referred to as notification) by means of publishing it in the newswire, on the Internet and in the periodical issue and also in the form of the decision on the additional issue of the securities and prospectus by means of their presentation on the Internet page. The notification should be published by the Issuer within the following period since the date of information publishing on state registration of the additional issue of the securities of the Issuer on the page of the registration body on the Internet or the acquisition by the Issuer the written notification of the registration body the state registration of the additional issue of the securities by means of post, fax and e-connection handled under signed receipt depending on the priority of one of the dates:

- in the newswire (AK&M or Interfax) – not later than 1 day;

- on the Internet page located https://www.moesk.ru/ - not later than 2 days;

- in “Izvestia” newspaper – not later than 10 days;

For the term not later than 2 days since the date of information publication on state registration of the issue (additional issue) of securities of the Issuer on the page of the registration body on the Internet or the acquisition of the written notification by the Issuer the written notification of the registration body on state registration of the additional issue of securities by means of post, fax and e-connection, handling under the signed receipt depending on the priority of the dates. The issuer publishes the text of the registered decision on additional issue of the securities and prospectus on the Internet located at: https://www.moesk.ru

Text of the registered decision on the additional issue of securities is available on the Internet page since the date of its publishing on the Internet and before the redemption of the securities (annulment) of all the securities of the additional issue. The text of the registered prospectus of the securities will be available on the Internet since the date of its publishing on the Internet prior to at least 6 months since the date of publishing of the additional issue of the securities on the Internet.

Beginning with the date of notification publication on state registration of the Report on the results of the additional issue of the securities all the interested parties can get acquainted with the Decision on the additional issue of the securities and the Prospectus and also get their copies by the address: 115114, Moscow, 2nd Paveletskiy drive 3, building 2, Corporate governance.

2.3.12. In case of the prospectus signing by the financial consultant on the securities market – the pointing at this fact and also the full and short company name of the financial consultant on the securities market, his/her location: Prospectus was signed by the financial consultant.

Full company name: Open Joint-Stock company “Broker house “Otkrytie”

Short company name: “Broker house “Otkrytie”, OSC

Location: 129010, Moscow, 19 Protopopovskiy side-street, Building 10

3.1 Director of the department of corporate policy and property management acting on the basis of the letter of authority No.520-D (¹520-Ä) as of October 1, 2007 I.A. Kopanov.

3.2 Date: June 30, 2008.