JSC RusHydro (ticker symbols: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces the date of the start of placement of registered ordinary uncertified shares of additional issue (state registration number 1-01-55038-Ĺ-041D of December 3, 2012).

The placement of additional shares is to start December 19, 2012. The completion date for securities placement is the 30th day from the completion date of offers collection period (such period is determined in accordance with article 8.3 of the Resolution on the additional share issue), but not later than 365 days from the date of the state registration of the additional share issue. 

The commencement date may be altered provided that the information about it is published in the news line and on the Issuer’s Internet pages not later than 1 (one) day prior to the commencement date of securities offering indicated in this announcement.

The number of shares of additional issue is 110 bn with par value of RUR 1 per share. The shares will be placed through an open subscription. 

The offering price of additional ordinary registered shares of the Company (including that for the persons on the list of persons having the pre-emptive right to purchase additional shares) is 1 (one) per 1 (one) additional ordinary registered share. Offering price for additional securities was determined by the Board of Directors of the Company in compliance with Articles 36, 77 of the Federal Law On Joint-Stock Companies (minutes dated December 10, 2012, No. 169). 

Pursuant to Articles 40, 41 of the Federal Law on Joint-Stock Companies, the holders of ordinary shares of the Company entitled to attend the extraordinary General shareholders’ meeting of the Company held on November 16, 2012 that passed the Resolution on increasing the share capital of the Company, have the pre-emptive right to purchase additional shares of the issuer pro rata the amount of ordinary shares of the issuer held by them. 

The list of persons having the pre-emptive right to acquire shares was prepared on October 11, 2012. 

The offering of the shares to the persons having the preemptive right to acquire securities will be conducted pursuant to the procedure provided for in Clause 8.5. of the Resolution on the Additional Issue of Securities.