Grigory Kurtser Elected Chairman Of INTER RAO UES

Additionally, the Board decided to honor the request of JSC "Federal Grid Company of Unified Energy System", an INTER RAO UES shareholder, to hold an Extraordinary General Meeting (EGM). The EGM will take place on February 15, 2012 at 10 am (Moscow Time) at Radisson Slavyanskaya Hotel & Business Center, Europe Square 2, Moscow. The list of shareholders entitled to attend the EGM will be created on December 7, 2011.
The Agenda of the EGM includes early termination and election of the Board of Directors and the Revision Commission, approval of the new edition of Company Charter, and approval of related-party transactions.
Shareholders of the Company jointly holding at least 2 % of the voting shares of INTER RAO UES shall be entitled to propose candidates for election to the Board of Directors of the Company, total number of candidates not exceeding the number of Directors on the Board. The proposals must be filed with INTER RAO UES no later than 30 days prior to the EGM. INTER RAO UES Board will meet no later than on January 17, 2012 to review shareholder proposals for candidates to the Board and to discuss other matters related to EGM preparation.