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On 19 August, stock market trading was renewed in JSC RusHydro ordinary shares

From 11.30 on 19 August, 2009, trading in JSC RusHydro ordinary shares was renewed on the MICEX and RTS stock markets.  A letter with a relevant request had been submitted by JSC RusHydro to the Federal Service for the Financial Markets.

On 17 August, 2009, in connection with the accident in the engine room of the Sayano-Shushenskaya HPP, stock market trading in JSC RusHydro shares was temporarily suspended.  Work is now continuing at the Sayano-Shushenskaya HPP to eliminate the consequences of the accident.  Working on site are services teams of the Ministry for Emergency Situations of Russia, the Ministry of the Interior, the Federal Security Service and the Centre for Disaster Medicine.  No damage to the body of the dam or the spillways has been discovered; the roof of the engine room has been partially destroyed.  There is no threat to the population downstream from the dam of the power station.  In the near future, the company will review its investment programme in order to redistribute sources of financing for restoring the Sayano-Shushenskaya HPP and speed up construction of the first stage of the shore spillway, as well as to complete construction of the Boguchanskaya HPP which will take up the slack from the temporarily lost capacity at the Sayano-Shushenskaya HPP.

All JSC RusHydro’s generating facilities are working as normal, fulfilling the dispatch schedule of the Systems Operator.  A programme of technical retooling and reconstruction is under way at all the existing power stations of JSC RusHydro, which was developed in consideration of the actual and forecast state of the equipment, buildings and structures, as well as the requirements of branch and corporate standards.

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