RusHydro JSC (RSHYY: OTC Link) | RusHydro’s additional share issue

RusHydro’s additional share issue

Sep 07, 2012

OTC Disclosure News Service

Moscow, Russian Federation –

September 7th, 2012


TheFederal Financial Markets Service of Russia registered the placementreport on RusHydro’s additional share issue

September6,2012. Moscow, Russia. JSCRusHydro (ticker symbol: MICEX-RTS, LSE: HYDR; OTCQX: RSHYY) announces that on September 6, 2012 The FederalFinancial Markets Service of Russia registered placement report on additionalissue of RusHydro’s common shares placed through a public subscription (stateregistration number 1-01-55038-Е-040D of August 16, 2011), as well as the Prospectus of securities

Theplacement of 89 bn shares with par value of RUR 1 per share at a price of RUR1.65 was conducted from August 2011 to August 13, 2012.

Asa result, RusHydro placed 27,334,817,715 shares, or 30.71% of the totalapproved amount. The shares have been paid both non-cash and cashassets. The government of the Russian Federation has acquired shares worth RUR39,397,711,485.35, having contributed to the charter capital of RusHydro sharesof JSC RAO Energy Systems of the East, JSC Kolymaenergo, JSC Ust-SrednekanskayaHPP, JSC KamGEK, JSC Yakutskenergo and shares of a number of other companies,as well as dams of Bratskaya, Ust-Ilimskaya and Irkutskaya hydropower plants onAngara river. Also, the Government of the Russian Federation has contributed RUR4,631,375,697.30 of budget funds to finance the construction of Gotsatlinskayahydropower plant as provided by the federal budget of the Russian Federation. 

The decision toincrease RusHydro’s charter capital was approved by the AGM on June 29, 2012.For more detailed information please visit our website: securities/shares


For more information:

JSC RusHydro, Investor Relations Department

Tel. +7 (495) 225-3232 ext. 1319, 1394, 1607



Thisannouncement does not contain or constitute an offer of, or the solicitation ofan offer to buy or subscribe for, securities to any person in the UnitedStates, Australia, Canada or Japan or in any jurisdiction to whom or in whichsuch offer or solicitation is unlawful. The securities referred to herein maynot be offered or sold in the United Statesabsent registration under the USSecurities Act of 1933, as amended (the “Securities Act”) or another exemptionfrom, or in a transaction not subject to, the registration requirements of theSecurities Act. Subject to certain exceptions, the securities referred toherein may not be offered or sold in Australia, Canada or Japan or to, or forthe account or benefit of, any national, resident or citizen of Australia,Canada or Japan.  The offer and sale ofthe securities referred to herein has not been and will not be registered underthe Securities Act or under the applicable securities laws of Australia, Canadaor Japan.  There will be no public offer of thesecurities in the United States.

Thisannouncement does not contain or constitute an invitation, inducement orsolicitation to invest. This announcement is directed only at and is fordistribution only to persons who (i) are outside the United Kingdom, (ii) are“investment professionals” falling within Article 19(5) of the FinancialServices and Markets Act 2000 (Financial Promotion) Order 2005 (as amended)(the “Order”), (iii) are persons falling within Article 49(2)(a) to (d) (“highnet worth companies, unincorporated associations etc.”) of the Order or (iv) areother persons to whom an invitation or inducement to engage in investmentactivity (within the meaning of the Financial Services and Markets Act 2000) inconnection with the issue or sale of any shares may otherwise lawfully becommunicated or caused to be communicated (all such persons in (i), (ii), (iii)and (iv) together being referred to as “Relevant Persons”). This announcementis directed only at Relevant Persons and must not be acted on or relied on bypersons who are not Relevant Persons. Any investment or investment activity towhich this announcement relates is available only to Relevant Persons and willbe engaged in only with Relevant Persons.

In the European Economic Area (“EEA”),This announcement is only directed at persons who are “qualifiedinvestors” within the meaning of Article 2(1)(e) of the ProspectusDirective (Directive 2003/71/EC) (“Qualified Investors”). Thisannouncement must not be acted upon in any member state of the EEA by personswho are not Qualified Investors.

Theinformation in this press release may contain projections or otherforward-looking statements regarding future events or the future financialperformance of RusHydro. One can identify forward-looking statements by termssuch as “expect,” “believe,” “anticipate,” “estimate,””intend,” “will,” “could,” “may” or”might,” the negative of such terms or other similar expressions. Wewish to caution you that these statements are only predictions and that actualevents or results may differ materially from these statements.

Wedo not intend to update these statements to reflect events and circumstancesoccurring after the date hereof or to reflect the occurrence of unanticipatedevents. Many factors could cause the actual results to differ materially fromthose contained in our projections or forward-looking statements, including,among others, general economic conditions, our competitive environment, risksassociated with operating in Russia and rapid technological and market changesin our industries, as well as many other risks specifically related to RusHydroand its operations.

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

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