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Unified Energy System

January 18, 2006

FSFM of Russia registers share issues of OAO "Petersburg Retail Company" spun off from OAO "Lenenergo"

Moscow. 18 January 2006. The Federal Service for Financial Markets of Russia (FSFM) on 17 January 2006 registered share issues and share placement reports of OAO "Petersburg Retail Company" spun off from OAO "Lenenergo".

According to the resolution authorizing share issue and the placement report, the following amounts of shares were issued:

OAO "Petersburg Retail Company":

 - 766,035,008 uncertificated registered ordinary shares, par value RUB0.2 per share, for a total value of RUB153,207,001.6. The state registration number assigned to the share issue is 1-01-55168-E;

 - 131,328,000 uncertificated registered preferred shares, par value RUB0.2 per share, for a total value of RUB26,265,600. The state registration number assigned to the share issue is 2-01-55168-E.

The state registration of OAO "Petersburg Retail Company" took place on 1 October 2005.

Previously, the FSFM of Russia registered the share issues of the companies spun off from OAO "Kalugaenergo", OAO "Bryanskenergo", OAO "Belgorodenergo", OAO "Voronezhenergo", OAO "Chuvashenergo", OAO "Vladimirenergo", OAO "Marienergo", OAO "Penzaenergo", OAO "Udmurtenergo", OAO "Karelenergo", OAO "Ryazanenergo", OAO "Kostromaenergo", OAO "Ivenergo", OAO "Yarenergo", OAO "Rostovenergo", OAO "Tverenergo", OAO "Chelyabenergo", OAO "Mordovenergo", OAO "Kurskenergo", OAO "Nizhnovenergo", OAO "Smolenskenergo", OAO "Tambovenergo", OAO "Astrakhanenergo", OAO "Volgogradenergo", OAO "Lipetskenergo", OAO "Mosenergo", OAO "Tulenergo", OAO "Sverdlovenergo", OAO "Novgorodenergo", OAO "Stavropolenergo", OAO "Oryolenergo", OAO "Permenergo", OAO "Tomskenergo", OAO "Dagenergo", OAO "Arkhenergo", OAO "Kirovenergo", OAO "Khakasenergo", OAO "Orenburgenergo", OAO "Tyumenenergo", OAO "Omskenergo", OAO "Vologdaenergo", OAO "Dagenergo", OAO "Kolenergo", OAO "Krasnoyarskenergo".

_________________________________________________

Information for the attention of stock market participants:

Shares in the spin-off companies were distributed among the shareholders of the company reorganized through spin-off.

Shareholders in the reorganized regional energo are entitled to receive, for each share of the class (type) held by them, shares of the same class (type) in each of the newly established companies, at a ratio determined in the resolution on the reorganization.

The date on which the shares in the spin-off companies are placed is the date of state registration of the companies established as a result of regional energos' reorganization. The new shares are to be credited to the securityholder accounts with registrars and to the securities safekeeping accounts with securities depositories in accordance with the records in the share register of the regional energo as at such date.

The new shares are to be credited to the securityholder accounts by the Registrar maintaining the share registers of the newly established companies.

 

 

 

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