OREANDA-NEWS. Federal Grid Company of Unified Energy System (“Federal Grid Company” or “the Company”) (Moscow Exchange, LSE: FEES) announces that its 2012 annual report has received high ratings in Russian annual report competitions, winning Best Annual Report

(non-financial sector) in 15th annual Expert Rating Agency annual report competition. The interactive version of the Federal Grid Company annual report won third place at the 16th annual competition run

by Rynok Tsenykh Bumag magazine and the social network INVESTOR.RU in partnership

with the Central Bank of Russia's Financial Markets Service.

The goals of these annual reports competitions are to increase transparency, to present and promote best practice in corporate governance, and to increase investor interest in the companies that participate in the competitions.

Russia's largest industrial and financial organisations participate in the competitions, along with banks and investment funds.

The Federal Grid Company annual report received high marks from the expert jury, which included representatives of the Central Bank of Russia's Financial Markets Service, the largest professional organisations and leading financial media.