RAO UES Denies Rumours of Possible Change of Share Repurchase Price
The share repurchase price was fixed by the Board of Directors at its meeting of 27 June 2007 (Minutes No. 256) based on the valuation report prepared by the independent appraiser, Deloitte & Touche, at RUB32.15 per ordinary share and RUB29.44 per preferred share of RAO "UES of Russia". RAO "UES of Russia" does not have any plans to review the share repurchase price either upwards or downwards.
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