Extraordinary general meetings of shareholders will be held in the form of absentee voting.

Extraordinary general shareholders meetings of JSC Pskovenergo, JSC Arkhenergo, JSC Kolenergo, JSC Novgorodenergo, will take place on December 17, 2007; meetings of JSC Vologdaenergo and JSC AEK Komienergo are scheduled for December 20, 2007.

Extraordinary general shareholders meetings of the Companies will be held in the form of absentee voting having the following agenda:

"Reorganization of the Company in the form of its joining to JSC IDGC of the North-West", "Approval of the Contract for joining of JSC Arkhenergo, JSC Vologdaenergo, JSC AEK Komienergo, JSC Karelenergo, JSC Kolenergo, JSC Novgorodenergo, JSC Pskovenergo to JSC IDGC of the North-West", "Approval of the transfer notice".

In conformity with the legislation, minutes of the Extraordinary general shareholders meetings will be drawn up not later than 15 days after the day of the bulletins reception termination.

Extraordinary general shareholders meeting of JSC Karelenergo, the functions of which are performed by the Management Board of RAO UES of Russia, will be held in the terms defined by the schedule of the Management Board meetings of the Holding.