JSC RusHydro appoints Evgeny Dod Chairman of the Management Board

November 23, 2009. At a meeting of the Board of Directors of JSC RusHydro (ticker symbol: HYDR; MICEX, RTS and LSE), the Board selected Evgeny V. Dod as Chairman of the Company's Management Board. During the same Board meeting, which was conducted in person, RusHydro's Board of Directors simultaneously terminated the powers of Mr. Vasily Zubakin, who had served as Acting Chairman of the Management Board since June 2008. Mr. Zubakin will continue his work as a Member of the Management Board. His professional skills and experience will be essential in helping further the development of the Company.

Evgeny Vyacheslavovich Dod was born in Moscow in 1973. He graduated from the Moscow Aviation Institute (the University of Aerospace Technology), "MAI," with a degree in "The economics and management of engineering enterprises" in 1995. He holds a ph.D. in economics.

Mr. Dod has worked in the power industry for more than 10 years. From 1999 to 2000, he served as Deputy Head of the Export Department at "RAO UES of Russia." From June 2000 to 2008, he was the General Director at CJSC "INTER RAO UES." Since May 2008, he has been Chairman of the Management Board at JSC "INTER RAO UES." Mr. Dod has been awarded an honorary diploma from the CIS Electric Power Council. He has also been awarded the title "Honoured Power Industry Worker" and "Honoured CIS Power Industry Worker," as well as receiving other state awards.

RusHydro's Board of Directors also terminated the powers of four other members of the Company's Management Board: Khaziakhmetov Rasim Magsumovich (Managing Director, Head of the "Engineering" Business Unit), Bogush Boris Borisovich (Managing Director, Head of the "Production" Business Unit), Oksuzyan Oleg Borisovich (Executive Director, Corporate Governance), and Belyaev Konstantin Vladimirovich (Member of the Management Board).

At the same time, five top-managers from JSC "INTER RAO UES" were elected to RusHydro's Management Board: Alzhanov Rakhmetullu Shanshievich, Gorev Evgeny Evgenyevich, Mantrov Mikhail Alekseevich, Rizhinashvili George Ilyich and Sharov Yuriy Vladimirovich.