About Decisions Adopted by the Issuer’s Management Bodies

On April 17, 2012, the Board of Directors of JSC IDGC Holding held a regular absentee meeting.

The Board of Directors approved related party transactions, namely the agreements to acquire additional shares in IDGC of Northern Caucasus, JSC and JSC LENENERGO. Under the agreements, the federal budget funds received by JSC IDGC Holding will be used as contributions to the authorized capital of the above-mentioned companies.

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