An extraordinary general shareholders' meeting was held at JSC Krasnoyarskenergosbyt on 24 October 2008.
Included on the agenda were the following items:
1. Early termination of powers of the Krasnoyarskenergosbyt Board of Directors' members;
2. Electing members of the Krasnoyarskenergosbyt Board of Directors.
Shareholders and their proxies gathered in the Krasnoyarskenergosbyt assembly hall at 12 noon; overall turnout was 91%. Taking part in the meeting were: V.B. Fait, Krasnoyarsk Territory Deputy Minister of Industry and Energy; S.I. Ostrovsky, Deputy Director of the Krasnoyarsk City Administration's Department of Urban Planning responsible for energy issues; and V.S. Yefimov, head of the JSC RusHydro representative office in Krasnoyarsk Territory.
Calling the meeting to order was A.O. Muravyov, Chairman of the Krasnoyarskenergosbyt Board of Directors and Director of RusHydro Department of Marketing and Business Development. Having announced that there was a quorum for conducting the meeting, he suggested they get down to work.
The motion was carried on both items.
Nine people were elected to form the new line-up on the Krasnoyarskenergosbyt Board of Directors; they included D.G. Pashkov, Krasnoyarsk Territory Minister of Industry and Energy. Also elected to the Board of Directors were four representatives of JSC RusHydro: Ye.V. Druzyaka, Director of the RusHydro Department of Special Communications; O.V. Otto, RusHydro Chief Accountant; A.Yu. Sergeyev, RusHydro Member of the Management Board, Managing Director, and Head of Prodazhi (Sales) Business Unit of JSC RusHydro; and Yu.V. Smirnova, Director of the RusHydro Department of Corporate Management.
Three members of the Board were elected from JSC Krasnoyarskaya HPP: A.Yu. Arkhipchenko, General Director of CJSC Interregional Agency for the Electrical Energy and Capacity Market; S.A. Lifar, Director of the JSC Krasnoyarskaya HPP Department of Legal Affairs; and R.A. Yakovlev, LLC EvroSibEnergo Director for Legal Affairs. In addition, a representative of the Siberian Coal Energy Company (SIBENCO) joined the Board of Directors for the first time: R.Yu. Kipriyanov, Senior Specialist at the JSC SUEK Centre for the Management of Facility Energy Assets.
The chairman of the newly elected Board of Directors will be selected at the Board's first meeting, which should be held in November 2008.