On July, 9 there took place the meeting of the Board of Directors of OJSC Territorial Generating Company No. 9 by correspondence.

The following issues were on the agenda:

1. Election of the Chairman of the Board of Directors of the Company;

2. Election of the Deputy Chairman of the Board of Directors of the Company;

3. Election of the Corporate Secretary of the Company;

4. Approval of the Resolution on the additional issue of Securities of the Company;

5. Approval of the Company Securities Prospect.

Open Joint Stock Company Territorial Generating Company No. 9 registered on December 9, 2004 started the operating activity on April 1, 2005.

The company includes 23 electric power stations, 35 boiler shops and 4 heat networks enterprises situated in Perm Region, Sverdlovsk Region and the Republic of Komi. The established electric power is 3280 MWt, heat power - 16 952 Gkal/h. The number of employees is about 11 thousand people. The General Director of OJSC TGC-9 is Andrey Yuryevich Makarov. The target structure of the Company was established in two stages. On May 1, 2006 OJSC TGC-9 was reorganized through incorporation of OJSC Perm Generating Company and OJSC Sverdlovsk Generating Company. On February 1, 2007 OJSC TGC-9 was reorganized though incorporation of OJSC Komi Regional Generating Company. OJSC Territorial Generating Company No. 9 completed forming its target structure.

RAO UES Russia has a share accounting for 50,049% in TGC-9; IES-Holding controls about 30% of the shares of the Company.

The authorized capital of OJSC TGC-9 is 17 093 693 607 RUR 64 kopeks. OJSC TGC-9 shares are admitted to auction at RTS from September 15, 2006, at MICEX from September, 22 2006. Shares of OJSC TGC-9 are included into the Quoted list “B” of the Stock Exchange of OJSC RTS on July, 5 2007.