Publication date: 22.10.07
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Registration of Amendments to OGK-4 Articles of Association in Connection with Increased Charter Capital

On October 19, 2007, the Inspectorate of the Federal Tax Service for Surgut, Khanty-Mansijsk Autonomous District, registered the Amendments to the Charter of Fourth Generation Company of the Wholesale Electricity Market (OGK-4) in connection with an increase in the Company's charter capital.

In accordance with the restated Charter, the OGK-4 charter capital is 25,206,846,335.97 rubles. The Company's outstanding shares are registered ordinary shares, each with a nominal value of 0.40 rubles, comprising 63,017,115,839 whole shares and 44,925,042,874/49,130,625,974 fractional shares.

Before the increase, the OGK-4 charter capital was 19,652,250,389.60 rubles divided into 49,130,625,974 ordinary shares, each with a nominal value of 0.40 rubles.

The decision to increase the OGK-4 charter capital by placing 23 billion registered ordinary shares was approved by the Company's Extraordinary General Meeting of Shareholders on April 23, 2007. The Federal Financial Markets Service of Russia (FFMS) was notified of the results of the additional issue (state registration number 1-02-65104-D-001D of June 22, 2007) on October 16, 2007.

The additional issue resulted in placing 13,886,489,865 shares in OGK-4, each with a nominal value of 0.40 rubles. Therefore, the actually placed shares accounted for 60.376% of the total number of OGK-4 securities subject to placement. The actual offering price approved by the OGK-4 Board of Directors was 3.3503 rubles per share. 13,849,544,048 additionally issued shares in OGK-4 were placed in favor of E.ON Russia Power GmbH. Besides, 36,945,817.9143999691225 additionally issued shares were placed as a result of the exercise of preemptive rights.