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A Regular Meeting of JSC RusHydro’s Board of Directors Will be Held July 29th, 2011

JSC RusHydro (ticker symbol: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that a regular meeting of the Company's Board of Directors will take place July 29th, 2011 via absentee voting.


The agenda of the Board of Directors meeting includes the following issues:


1.    Approving corporate transactions:

1.1. Approving a contract concluded between RusHydro and JSC System Operator UES as an interested party transaction;

1.2. Approving a contract concluded between RusHydro and JSC Federal Grid Company UES as an interested party transaction. 

2.    Approving  the Company's internal documents:

2.1. Approving the Provision on the Company's Information Policy, as amended; 

2.2. Approving the Provision on Insider Information, as amended;

3.    A report on the execution of RusHydro Group's 2010 consolidated business plan;

4.    Approving a decision on the additional issue of shares;

5.    Approving RusHydro's share issues Prospectus;

6.    On members of RusHydro's Management Board holding overlapping positions on the management boards of other organizations.


Meeting results will be disclosed in accordance with the established procedure.


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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