OREANDA-NEWS. On August 18, 2008 The Federal Service for Financial Markets of Russia registered the report on the results of additional issue of ordinary shares in OAO "Volzhskaya TGC" issued for the purpose of share exchange carried out the course of the company's reorganization; report on the results of the additional issue of ordinary shares in OAO "WGC-2" carried out in the course of the spin-off of OAO "WGC-2 Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "WGC-2" through conversion of ordinary and preferred shares in OAO "WGC-2 Holding" into ordinary shares of OAO "WGC-2"; a report on the results of the additional issue of ordinary shares in OAO "WGC-6" carried out in the course of the spin-off of OAO "WGC-6 Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "WGC-6"; report on the results of the additional issue of ordinary shares in OAO "TGC-6" carried out in the course of the spin-off of OAO "TGC-6 Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "TGC-6" through conversion of ordinary and preferred shares in OAO "TGC-6 Holding" into ordinary shares of OAO "TGC-6"; a report on the results of the additional issue of ordinary shares in OAO "TGC-9" carried out in the course of the spin-off of OAO "TGC-9 Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "TGC-9" through conversion of ordinary and preferred shares in OAO "TGC-9 Holding" into ordinary shares of OAO "TGC-9"; report on the results of the additional issue of ordinary shares in OAO "Kuzbassenergo" carried out in the course of the spin-off of OAO "Kuzbassenergo Holding" from RAO "UES of Russia" and its simultaneous merger with and into OAO "Kuzbassenergo" through conversion of preferred shares in OAO "Kuzbassenergo Holding" into ordinary shares of OAO "Kuzbassenergo".

These additional share issues were part of the technical issues of additional shares by the surviving companies for the merger of the respective holding companies spun off from RAO "UES of Russia" in the course of the final phase of the sector reorganization. The technical issue shares held by any RAO UES shareholder in each surviving company will not exceed 3 percent.

Under applicable laws, shareholders are now free to dispose of all their shares in OAO "Volzhskaya TGC", OAO "WGC-2", OAO "WGC-6", OAO "TGC-6", OAO "TGC-9" and OAO "Kuzbassenergo"which they have received in exchange for their shareholdings in RAO "UES of Russia" as a result of the Company's reorganization.