15.09.2015
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Results of the Board of Directors on September 14, 2015

PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) announces that the Company's Board of Directors held a meeting on September 14, 2015.

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The Board of Directors appointed Nikolay Shulginov a new Chairman of the Management Board, General Director of RusHydro. The Board of Directors also terminated powers of Evgeny Dod, who has been managing the Company since November of 2009.

Nikolay Shulginov was born in 1951. In 1973, he graduated from Novocherkassk Polytechnic Institute, candidate of technical sciences. In 1976-1998 he held several positions from engineer to Head of Central Dispatch Service at JSC Stavropolenergo, Pyatigorsk. In 1998-2002 he worked as Deputy Director of Integrated Dispatch Administration – Director of FOREM TCSC (Territorial Contract and Settlement Center) of the subsidiary of RAO UES of Russia – IDA of North Caucasus in Pyatigorsk. In 2002-2004 he was Member of the Management Board, Director of Technical Audit of JSC SO UES (System Operator of the Unified Energy System). In 2004, he was appointed Deputy Chairman of the Management Board of JSC SO UES.
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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