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TGC-2

January 22, 2008

FFMS of Russia registered TGC-2 additional share issue

Russian Federal Financial Markets Service registered the additional issue and the prospectus of securities of PJSC "Territorial Generating Company # 2" (TGC-2) in the amount of 440, 550, 372, 763 shares. Securities will be placed via public subscription.
The total amount of TGC-2 additional securities offering constitutes RUR4, 405, 503, 727.63.The face value per share equals to RUR0.01. The shareholders of TGC-2 possess the preferential right of obtaining the shares from the additional offering in the amount proportional to the number of ordinary registered shares which they own.

The additional issue of TGC-2 shares is carried out for the purposes of Investment program implementation. The size of Investment program till 2011 is estimated to be RUR45 bln. By this time TGC-2 intends to bring on line 1145MW of new capacity and carry out more than a twofold increase of its capitalization due to the implementation of the Investment program and Investment projects.

 

 

 

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