On 10 June 2009, the first meeting was held of the Board of Directors of JSC RusHydro newly elected at the Annual General Meeting of Shareholders of the company on 10 June 2009.

The Board of Directors of JSC RusHydro elected Sergei Ivanovich Shmatko, Energy Minister of the Russian Federation, as the Chairman of the Board of Directors.

In accordance with clause 5.3. of the Regulations on the procedure for convening and holding meetings of the Board of Directors of the Company (approved by the General Meeting of Shareholders on 22 June 2007, Minutes No. 254), the first meeting of the Board of Directors must resolve on the issue of Election of the Chairman of the Board of Directors.