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Results of the Board of Directors on October 27, 2017

October 31, 2017. Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting in absentia on October 27, 2017.

The Board of Directors approved item of the agenda of the general meeting of shareholders of JSC Yakutskaya GRES-2: conclusion a significant transaction – conclusion of an addendum to the General Contractor agreement on construction of Yakutskaya GRES-2 (1st stage) as of Feb 24, 2014, №01/ZRUH/13-121293. The transaction is qualified as significant transaction, exceeding 50% of the book value of JSC Yakutskaya GRES-2.

Parties to the agreement: PJSC RusHydro and JSC TEK Mosenergo.

As part of agreement, the date of readiness for launch is set for September 30, 2017, the date of completion – October 30, 2017.

Conclusion of the addendum doesn’t lead to a change in the maximum price of transaction, which constitutes RUB 20,507 million.
The information in this press release may contain projections or other forward-looking statements regarding future events or the future financial performance of RusHydro. You can identify forward looking statements by terms such as "expect," "believe," "anticipate," "estimate," "intend," "will," "could," "may" or "might," the negative of such terms or other similar expressions. We wish to caution you that these statements are only predictions and that actual events or results may differ materially from these statements. We do not intend to update these statements to reflect events and circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. Many factors could cause the actual results to differ materially from those contained in our projections or forward-looking statements, including, among others, general economic conditions, our competitive environment, risks associated with operating in Russia, rapid technological and market change in our industries, as well as many other risks specifically related to RusHydro and its operations.
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