Minutes of 05.04.2010 №95

MINUTES No. 95 OF THE BOARD OF DIRECTORS MEETING


Date and time of the Board of Directors meeting

(date and time of vote counting):                                      April 5, 2010, 6.00 p.m.

                                                                                     (Moscow time)

Minutes Dated:                                                                April 05, 2010.


Form of vote:                                                                  absentee vote


Site of vote counting:                                                       Mosсow, Arkhitektora Vlasova Str., 51


Number of elected members of the Board of Directors          13


Members of the Board of Directors present at meeting:        S. I. Shmatko

                                                                                    A. B. Ballo

                                                                                    S. S. Beloborodov

                                                                                    B. F. Vainzikher

                                                                                    E. P. Volkov

                                                                                    V. I. Danilov-Danilyan

                                                                                    V. A. Zubakin

                                                                                    S. V. Maslov

                                                                                    S. V. Serebryannikov

                                                                                    O. V. Surikov

                                                                                    V. V. Tatsy

                                                                                    R. Z. Khamitov

                                                                                    A. V. Sharonov


In compliance with the Federal Law on Joint-Stock Companies and the company's Articles of Association the quorum for conducting the Board of Directors Meeting is present.


AGENDA OF THE BOARD OF DIRECTORS MEETING:


1.  Review of proposals made by the company's shareholders regarding the introduction of new issues to the agenda of Annual General Shareholders' Meetings and proposals on nomination of candidates.


RESULTS OF VOTING ON AGENDA:


Matter 1: Review of proposals made by the company's shareholders regarding the introduction of new issues to the agenda of Annual General Shareholders' Meetings and proposals on nomination of candidates.


Decision:

1.1.  Include the issues in the agenda of the company's General Shareholders' Meeting on the results of 2009 proposed by the company's shareholder - the Russian Federation presented by the Federal Agency for State Property Management owning 60.38 per cent voting shares of the company:



Issue wording proposed by a shareholder

Decision wording proposed by a shareholder

1.

Approval of annual report, annual accounting statement including the company's profit and lost report as well as the profit and loss distribution (including dividend payouts) report on the results of 2009 financial year.

Not submitted

2.

Procedure of bonus payments to the members of the company's Board of Directors.

Not submitted

3.

Election of members of the Board of Directors of the company.

Not submitted

4.

Election of members of the Audit Commission of the company.

Not submitted

5.

On approval of the company's auditor appointment.

Not submitted


1.2.  Include the following candidates on the list of candidates to vote for election to the company's Board of Directors (at the Annual General Shareholders' Meeting of the company according to the results of 2009):


No.

A candidate proposed by a shareholder (-s) to be included on the list of candidates to be voted for to elect the Board of Directors of the company

Position, occupation of a candidate proposed by a shareholder (-s) to be included on the list of candidates to be voted for to elect the Board of Directors of the company

Name of a shareholder (-s) that proposed a candidate to be included into the list of candidates to be voted for to elect the Board of Directors of the company

Number of the company's voting shares owned by a shareholder (-s)

(per cent)

1.

Anatoly Borisovich Ballo

Deputy Chairman, Management Board of Vnesheconombank

















The Russian Federation represented by the Federal Agency for State Property Management


















60.38

2.

Sergey Sergeevich Beloborodov

General Director, Corporation Gazenergoprom Limited

3.

Eduard Petrovich Volkov

General Director, JSC G. M Krzhizhanovsky Institute of Energy

4.

Evgeny Vyacheslavovich Dod

Chairman of the Management Board, JSC RusHydro

5.

Victor Mikhailovich Zimin

Chairman of the Government of the Republic of Khakassia

6.

Boris Yuryevich Kovalchuk

(independent director)

Acting Chairman of the Management Board, JSC INTER RAO UES

7.

Victor Vasilyevich Kudryavy

Advisor to President, CJSC Eurocement Group

8.

Georgy Petrovich Kutovoy

(independent director)

Advisor to President, CJSC OMK in charge of energy policy

9.

Nikolay Georgievich Kutyin

Head of the Rostechnadzor

10.

Andrey Borisovich Malyshev

(independent director)

Deputy General Director, State Corporation Rosnanotech

11.

Marina Valeryevna Seliverstova

Head of the Federal Agency for Water Resources

12.

Rashid Ravelevich Sharipov

(independent director)

Deputy General Director,
LLC KFK-Consult

13.

Sergey Ivanovich Shmatko

Minister of Energy of the Russian Federation

14.

Viktor Ivanovich

Danilov-Danilyan

Director, Institute of Water Problems attached to the RAS













JSC Hydroinvest, LLC Index of Energy - HydroOGK













2.38

15.

Sergey Vladimirovich Maslov

President, CJSC St Petersburg International Commodity Exchange

16.

Sergey Vladimirovich Serebryannikov


Rector, GOUVPO Moscow Institute of Energy (Technical University)

17.

Vladimir Vitalyevich Tatsy


First Vice President, JSC Gasprombank

18.

Andrey Vladimirovich Sharonov

Managing Director of Troyka Dialog Group of Companies

19.

Vyacheslav Mikhailovich Kravchenko

General Director, RN-Energo Limited

20.

Grigory Markovich Kurtser


President, Open Joint Stock Company Russian Regional Development Bank (JSC RRDB)

21.

Christian Andreas Berndt

General Director, EnergoFichtner Limited

22.

Vasily Nikolaevich Titov

First Vice President - Chairman
of the Management Board,
JSC VTB Bank




1.3.  Include the following candidates on the list of candidates to vote for election to the company's Audit commission (at the Annual General Shareholders' Meeting of the company according to the results of 2009):


No.

A candidate proposed by a shareholder (-s) to be included on the list of candidates to be voted for to elect the Audit Commission of the company

Position, occupation of a candidate proposed by a shareholder (-s) to be included on the list of candidates to be voted for to elect the Audit Commission of the company

Name of a shareholder (-s) that proposed a candidate to be included into the list of candidates to be voted for to elect the Audit Commission of the company

Number of the company's voting shares owned by a shareholder (-s) (per cent)

1.

Andrey Sergeevich Kolyada

Senior specialist of the Management Department of Rosimushchestvo Agency




The Russian Federation represented by the Federal Agency for State Property Management






60.38

2.

Aleksandr Mikhailovich Kuryanov

Advisor of the Management Department of the Federal Agency for State Property Management (Rosimushchestvo)

3.

Oleg Anatolyevich Oreshkin

Head of the Management Department of the Federal Agency for State Property Management (Rosimushchestvo)

4.

Maria Gennadyevna Tikhonova

Deputy Director of the Department of the Ministry of Energy of the Russian Federation

5.

Aleksandr Sergeevich Yugov

Head of the Management Department of the Federal Agency for State Property Management (Rosimushchestvo)



Voting results:

"For" - 13 (S. I. Shmatko, A. B. Ballo, S. S. Beloborodov, B. F. Vainzikher, E. P. Volkov, V. I. Danilov-Danilyan, V. A. Zubakin, S. V. Maslov, S. V. Serebryannikov, O. V. Surikov, V. V. Tatsy, R. Z. Khamitov, A. V. Sharonov)

"Against" - 0

"Abstained" - 0

Decision made.





Chairman of the Board of Directors                                     S. I. Shmatko


Secretary of the Board of Directors                                     M. M. Davydov

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