On the 4th of February Director General of JSC IDGC Holding Nikolay Shvets will take part in the Russia 2010 Investment Forum held in the International Commerce Center in Moscow.

Nikolay Shvets will attend the “round table” on Grid and Generating Companies: Regulation and Free Market: Things to Do.

On termination of the “round table”, Mr. Shvets will meet journalists at 01:45 p.m.

The Russia 2010 Forum organized by Troika Dialog Group of Companies takes place in Moscow from the 3rd to the 5th of February. Traditionally, it becomes a place where heads of governmental authorities and ministries, leading Russian and international businesses, and well-known industry experts and businessmen meet each other.

The Interregional Distribution Grid Companies (IDGC) Holding is one of the largest infrastructure businesses in Russia. The annual electricity throughput of the Holding’s companies amounts to around 600 billion kWh; its grids are more than 2 million kilometers long, while its assets include over 456 thousand substations with an overall transforming capacity of 362 gigavolt-amperes. The Holding is the world’s largest electricity distribution grid company in terms of performance.

IDGC provide monopoly services for network connection and transmission of electricity via medium and low voltage grids in 69 constituent entities of the Russian Federation. The revenue of the Holding’s companies is regulated by regional energy committees and consists of the transmission fee and the network connection fee set by the Government. The share of distribution grid companies in the breakdown of the electricity fee payable by end users accounts for c. 27%.

11 IDGC are operating in Russia, with IDGC Holding, their parent company, owning over 50% shares in them. The Government owns a 53% interest in IDGC Holding itself, with Gazprom being a second major shareholder (11%). About 33% of the Company’s shares are in free float. All IDGC, except for 100% subsidiaries, are listed in Russian stock exchanges, with IDGC Holding and Lenenergo running depositary receipt programs.