AO MOSENERGO has become an absolute winner of the VII Contest for Annual Reports and Corporate Websites

On December 8, 2004, AO MOSENERGO held the awards ceremony for the VII Contest for Annual Reports and Corporate Websites in which AO MOSENERGO became an absolute winner in both categories.

The RTS Stock Exchange and the Securities Market Journal organized the contest. This year, in addition to issuers, the judges also reviewed websites and annual reports of professional securities market participants. In total, there were 67 organizations from all over the country including 40 issuers listed in the RTS. It is the third Best Website Contest and there were 30 applicants this time.

The judges included representatives from leading Russian mass media and professional financial market participants including the Association of Independent Directors, The Securities Market Journal, the Institute of Professional Auditors, NAUFOR, RTS International Financial Corporation, etc.

«Openness and transparency were always key operation principles for our company,» said Mikhail Korotkov, press secretary of AO MOSENERGO. According to him, the fact that the Company has won the first-place award confirms its high reputation in the Russian business community.