Open Joint-Stock Company “Third Generation Company of the Wholesale Electricity Market” hereby informs you that the annual general meeting of the Company’s shareholders shall be held in form of collective meeting (simultaneous attendance) with the following agenda:

1.       Approval of The annual Report, The annual financial statements, including The Company Profit and Loss Statement for 2009 year.

2.       Distribution of profits (including payment of dividends) and losses of the Company based on results for 2009 fiscal year.

3.       Election of members to the Board of Directors of the Company.

4.       Election of members to the Auditing Commission of the Company.

5.       Approval of Auditor of the Company.

6.       Approval of the Articles of Associations of the Company as amended and restated.

7.       Approval of the Regulations for remunerations and compensations payment to the members of the Board of Directors of the Open Joint-Stock Company “Third Generation Company of the Wholesale Electricity Market” as amended and restated.

8.       Approval of interrelated interest party transactions on cash allocation to deposits between JSC WGC-3 and JSC VTB Bank the value of which is more than 2 per cent of the Company’s assets book value.

9.       Approval of interrelated interest party transactions between JSC WGC-3 and JSC VTB Bank that may be executed in the future in the company’s ordinary course of business.

10.   Approval of interrelated interest party transactions between JSC WGC-3 and Rosbank (OJSC JSCB) that may be executed in the future in the company’s ordinary course of business.

The meeting will be held on June 24, 2010.

The meeting will begin at 13:00. 

Registration for the participants shall be available from 11:00.

The meeting will be held at the address: 24, Bolshaya Yakimanka Moscow (President Hotel), in Red Hall.

Filed voting bulletins should be sent at the following postal address:

-        25 Ermolaevsky lane, Moscow, 123001, Russia (JSC WGC-3);

-        6, Veresaeva Street, 121357 Moscow (NRC CJSC).

During establishing the meeting quorum and vote counting we will accept only votes taken under voting bulletins and received before June 21, 2010.

All persons who are entitled to attend the Annual General Meeting of the shareholders of the Company can be acquainted with information (materials) relating to the agenda from June 04, 2010 to June 24, 2010 inclusive, reception hours: 10:00 am to 16:30 pm daily, except Saturday, Sunday, and legal holidays at the following address:

-        25 Ermolaevsky lane, Moscow, 123001, Russia (Corporate Policy Department of JSC WGC-3);

-        6, Veresaeva Street, 121357 Moscow (NRC CJSC).

All information (materials) will be published on or before June 13, 2010 on company’s website in Internet. 

List of the persons who are entitled to attend the annual general meeting of the shareholders of JSC WGC-3 shall be drawn up on: May 14, 2010.

 Board of Directors of JSC WGC-3