On October 26th, 2009, JSC RusHydro (ticker symbol: HYDR; MICEX, RTS and LSE) held a meeting of its Board of Directors. During the meeting, which was conducted in absentia, the Board reviewed the following issues:

- on approving the Company's additional share issue and the issue Prospectus;

- on terminating the powers of the following members of the Management Board: S. Yushin and A. Toloshinov, and on electing D. Kuznetsov and A. Konovalov to the Management Board.