Issue of shares

The information to which this gatepost gives access is exclusively intended for persons who are not residents of the United States and who are not physically present in the United States. This information does not constitute an offer or invitation to tender or exchange any securities of JSC Federal Grid Company of Unified Energy Systems or to subscribe for or participate in an offer for securities of JSC Russian Grids in the United States or in any other jurisdiction in which such offer or invitation is not authorized or to any person to whom it is unlawful to make such offer or solicitation. Potential users of this information are requested to inform themselves about and to observe any such restrictions.

Securities in JSC Russian Grids cannot be offered or sold in the United States without registration under the United States Securities Act of 1933, as amended, or pursuant to an exemption from such registration. JSC Russian Grids has not registered, and does not intend to register, any of its securities under the Securities Act or to conduct a public offering of securities in the United States.

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