YURY MAKUSHIN WAS ELECTED CHAIRMAN OF THE BOARD OF DIRECTORS OF OGK-4

Once more Yury Makushin, Deputy Managing Director of Business Unit 2 of RAO UES of Russia, was elected Chairman of the Board of Directors of Generation Company Four of the Wholesale Power Market (OGK-4). Such resolution was approved at the first meeting of the Board of Directors of OGK-4, whose composition had been elected by the annual general meeting of shareholders of the company on May 25, 2007.

Dmitry Fedorchuk, Head of the Corporate Management Department of Business Unit 2 of RAO UES of Russia, was re-elected Deputy Chairman of the Board of Directors of OGK-4.

The Board of Directors of OGK-4 also includes:

- Mikhail Lisyansky – Deputy Managing Director of Business Unit 2 of RAO UES of Russia;

- Anna Vasilyeva – Deputy Head of the Personnel Department of the Corporate Center of RAO UES of Russia;

- Alexey Kachay – Deputy Head of the Strategy Department of the Reform Management Center of RAO UES of Russia;

- Andrey Kitashev – Director General of OGK-4;

- Igor Yurgens – Chairman of the Board of Directors of Renaissance Capital Bank;

- Stanislav Neveinitsyn – Deputy Director General of Mezhregionenergosbyt;

- Elena Ulanovskaya – Head of the Corporate Management Department of Business Unit 2 of RAO UES of Russia;

- Mikhail Molchanov – Deputy Head of the Project Implementation Support Department of Business Unit 2 of RAO UES of Russia;

- Elena Evseenkova – Deputy Head of the Economic Planning and Financial Control Department of Business Unit 2 of RAO UES of Russia.