JSC Rushydro 2009 Annual Information Update Table of Contents

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JSC Rushydro 2009 Annual Information Update Table of Contents JSC RusHydro 2009 annual information update Table of contents JANUARY....................................................................................................................................................................2 RUSHYDRO NEWS.....................................................................................................................................................2 SUBSIDIARIES NEWS .................................................................................................................................................3 FEBRUARY.................................................................................................................................................................4 RUSHYDRO NEWS.....................................................................................................................................................4 SUBSIDIARIES NEWS .................................................................................................................................................4 MARCH .......................................................................................................................................................................7 RUSHYDRO NEWS.....................................................................................................................................................7 SUBSIDIARIES NEWS ...............................................................................................................................................13 APRIL ........................................................................................................................................................................20 RUSHYDRO NEWS...................................................................................................................................................20 SUBSIDIARIES NEWS ...............................................................................................................................................28 MAY ...........................................................................................................................................................................30 RUSHYDRO NEWS...................................................................................................................................................30 SUBSIDIARIES NEWS ...............................................................................................................................................37 JUNE ..........................................................................................................................................................................38 RUSHYDRO NEWS...................................................................................................................................................38 SUBSIDIARIES NEWS ...............................................................................................................................................46 JULY ..........................................................................................................................................................................47 RUSHYDRO NEWS...................................................................................................................................................47 SUBSIDIARIES NEWS ...............................................................................................................................................58 AUGUST ....................................................................................................................................................................59 RUSHYDRO NEWS...................................................................................................................................................59 SUBSIDIARIES NEWS ...............................................................................................................................................76 SEPTEMBER ............................................................................................................................................................85 RUSHYDRO NEW.....................................................................................................................................................85 SUBSIDIARIES NEWS .............................................................................................................................................108 OCTOBER...............................................................................................................................................................113 RUSHYDRO NEWS.................................................................................................................................................113 SUBSIDIARIES NEWS .............................................................................................................................................135 NOVEMBER ...........................................................................................................................................................139 RUSHYDRO NEWS.................................................................................................................................................139 SUBSIDIARIES NEWS .............................................................................................................................................143 DECEMBER............................................................................................................................................................144 RUSHYDRO NEWS.................................................................................................................................................144 SUBSIDIARIES NEWS .............................................................................................................................................148 January RusHydro news January 19 2009 JSC RusHydro awarded National Corporate Governance Rating The consortium of the Russian Institute of Directors and the rating agency Expert RA - RID - Expert RS - has awarded JSC RusHydro a score of 7 - "Developed corporate governance practice" according to the National Corporate Governance Rating scale. In accordance with the National Corporate Governance Rating scale of RID - Expert RA, a company with a NCGS of 6 to 8 has low corporate governance risks. The company abides by the requirements of the Russian legislation in the sphere of corporate governance, follows most of the recommendations of the Russian Code of Corporate Conduct and individual recommendations of best international corporate governance practices. January 23 2009 Meeting of Board of Directors of JSC “RusHydro” took place On January 23 2009 meeting of the Board of Directors of JSC "Rushydro" took place. The agenda included election of Committee on strategy, election of Committee on investments, revision of investment program of the Company for the year 2008 and investment program for 2009, report on charitable activity of the Company 2008 for the year, on approval of transactions, on determining Company position. The following decisions have been adopted on the basis of the meeting: 1. Strategy committee of the Board of Directors have been elected, including the following members 2. Committee on Investments of the Board of Directors have been elected, including the following members 3. Revised Investment program of the Company for the year 2008 approved 4. Revised Investment program of the Company for the eyer 2009 approved, envisaging commissioning of generating capacity of 145 mWt 5. Report on charitable activity of the Company reviewed 6. An over-the-counter free bilateral sale and purchase agreement for electric power and capacity between JSC RusHydro and JSC Krasnoyarskenergosbyt in relation to a group of output points of the Sayano-Shushenskaya HPP and in relation to a group of output points of the Mainskaya HPP 7. Possibility of concluding a sale and purchase agreement for additional shares of JSC RusHydro (by open subscription) between JSC RusHydro and the Russian Federation (an interested party transaction) approved January 27 2009 JSC RusHydro compiles a preliminary summary of the results of its activities in 2008 JSC RusHydro has compiled its preliminary summary of the production and financial results of the company’s activities in 2008. 2 The results for 2008 indicate that the hydro-electric power stations of JSC RusHydro operated with an aggregate installed capacity of 25,171 MW, that the electric power generated by the company’s hydro-electric power stations amounted to 80,272.8 million kWh and that the productive supply of electric power was 78,664.9 million kWh. According to the forecast for 2009, the output of electric power by the company’s hydro-electric power stations will reach 81,214. 4 million kWh and the productive supply of electric power – 79,282 million kWh. In 2008, JSC RusHydro’s revenues from the sale of electric power on the wholesale market amounted to 62,133,281,000 roubles; costs of purchasing electric power – 11,528,496 thousand roubles; net profit – 50,604,785,000 roubles; actual payment level – 98% and the total sum of accounts receivable – 1.33 billion roubles. The forecast performance indicators for JSC RusHydro in 2009 envisage company revenues from sale of electric power on the wholesale market in the amount of 80,645,533,000
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