On June 16, in Saratov, an annual general meeting of shareholders of IDGC of Volga, JSC (a member of Rosseti Group) was held. Duties of the chairman of the meeting were performed by Vladimir Anatolievich Ryabikin, a member of the Board of the Company, General Director of IDGC of Volga, JSC. Shareholders of the Company approved the annual report and annual financial statements for 2014. The meeting adopted the resolution on distribution of profit of the Company and payment of dividends following the results of 2014. Net profit amounting to 44,702 thousand rubles was distributed as follows: reserve fund – 2,235 thousand rubles; profit for development purposes – 24,609 thousand rubles; payment of dividends – 17,858 thousand rubles. At the meeting it was resolved to pay dividends in specie on ordinary shares of the Company according to the results of 2014 in the amount of 0.0001 rubles per each ordinary share of the Company. Dividends payable to a nominal holder and a beneficial owner being a professional security market participant shall be paid within 10 business days; dividends payable to other shareholders entered in the Shareholder Register shall be paid within 25 business days from the date of the list of persons entitled to receive dividends. The date of the list of persons entitled to receive dividends is June 29, 2015. The following persons were elected to the Board of Directors: Denis Victorovich Kulikov, Aleksandr Shoylovich Rozentsvayg, Vladimir Anatolievich Ryabikin, Konstantin Sergeevich Serebryakov, Andrey Nikolaevich Kharin, Farit Gabdulfatovich Shaydullin, Aleksandr Leonidovich Dyuzhinov, Valentin Efimovich Mezhevich, Yuriy Veniaminovich Adler, Alan Fedorovich Khadziev, and Aleksandr Victorovich Varvarin. The following persons were elected to the Internal Audit Commission: Elena Borisovna Sinitsyna, Marina Alekseevna Lelekova, Svetlana Anatolievna Kim, Artem Nikolaevich Kirillov, and Sergey Vladimirovich Malyshev. RSM RUS, LLC was approved to be the auditor of the Company. Shareholders of the Company approved the following revised documents: Articles of Association of the Company, Regulation on the General Meeting of Shareholders of the Company, Regulation on the Board of Directors of the Company, Regulation on the Management Board of the Company, Regulation on the Internal audit Commission of the Company, Regulation on Payment of Fees and Compensations to Members of the Internal Audit Commission of the Company, and Regulation on Payment of Fees and Compensations to Members of the Board of Directors of the Company.