Application period for the shareholders who have preferential right to buy shares of additional issue of 18 000 000 000 ordinary shares.

Approval by the Board of Directors of WGC-3 of the price per share of additional issue.

Floatation of the shares additional issue by open subscription in accordance with the resolution to issue shares and the equity prospect ratified by the Board of Directors of JSC WGC-3 on March 19, 2006.

Publication of audited consolidated accounting report of JSC WGC-3 for the period 2004, 2005 and 9 months of 2006 in accordance with the International Accounting Standards.

Extraordinary Meeting of Shareholders, approval of the agreement on the delivery of generating equipment for the construction of additional capacity between JSC WGC-3 and JSC Power Machines.

Annual General Meeting of Shareholders, election of the members of the Board of Directors and the Audit Commission, also entry of the addenda and amendments to the Charter of the Company.

Beginning of the construction at Kharanorskaya SDPP of power- generating unit #3 of 225 MW.

Beginning of the construction at Cherepetskaya SDPP of two power- generating units of 225 MW each with CFBBs.

Assignment of the corporate governance score to the Company by Russian or International Governance Services.