AO MOSENERGO’s board of directors held an absentee meeting. The agenda of the meeting included the election of the company’s general director.

Two candidates were on the voting list: the acting general director of AO MOSENERGO Arkady Yevstafyev and deputy general director for capital construction Sergei Romanovskii. These candidates were proposed by the company’s shareholders.

As a result of the voting, Arkady Yevstafyev was elected general director of the company.

On April 8, 2002, the extraordinary meeting of shareholders adopted new wording to AO MOSENERGO’s charter that is based on the new version of the Federal Law “On Joint-Stock Companies”. The new charter establishes that the general director of the company is elected—according to Article 65 of the above law—by the board of directors of the company,.

Approximately 80% of voting shares took part in the extraordinary meeting of AO MOSENERGO shareholders. More than 96% of the shareholders who took part in the voting supported the new wording of the charter.

On April 10, 2002, the State registration of AO MOSENERGO’s charter was completed.